Corporate triple-A bond interest rates for 12 consecutive months follow. 9.6 9.4 9.5 9.7 9.9 9.8 9.8 10.6 10.0 9.8 9.6 9.6   (b) Develop three-month and four-month moving averages for this time series. (Round your answers to two decimal places.)   Month Time SeriesValue 3-Month MovingAverage Forecast 4-Month MovingAverage Forecast 1 9.6     2 9.4     3 9.5     4 9.7     5 9.9     6 9.8     7 9.8     8 10.6     9 10.0     10 9.8     11 9.6     12 9.6       (c) Using the more accurate forecast, what is the moving average forecast for the next month? (Round your answer to two decimal places.)

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Corporate triple-A bond interest rates for 12 consecutive months follow.
9.6 9.4 9.5 9.7 9.9 9.8 9.8 10.6 10.0 9.8 9.6 9.6
 
(b) Develop three-month and four-month moving averages for this time series. (Round your answers to two decimal places.)
 
Month Time Series
Value
3-Month Moving
Average Forecast
4-Month Moving
Average Forecast
1 9.6    
2 9.4    
3 9.5    
4 9.7    
5 9.9    
6 9.8    
7 9.8    
8 10.6    
9 10.0    
10 9.8    
11 9.6    
12 9.6    
 
(c) Using the more accurate forecast, what is the moving average forecast for the next month? (Round your answer to two decimal places.)
 
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