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To make 3-month and 2-month moving average for the time series.

The subsequent data represents demand for company ABC's products for the last 10 months.

Months

Demand

1
2
3
4
5
6
7
8
9
10

450
463
520
500
510
516
534
525
530
534

(a) Use the moving average function in MS Excel to develop a three-month moving average for this time series.

(b) Use the moving average function in MS Excel to develop a two-month moving average for this time series.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M922415

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