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Answer to Question #84131 in Statistics and Probability for Ra
Question #84131
Plot the following data about demand for an item. Find the moving averages by taking n = 3. Use these to forecast next two months’ demand.
Month 1 2 3 4 5 6 7
Demand 46 56 54 43 57 56 67
Month 8 9 10 11 12
Demand 62 50 56 47 56
Month 1 2 3 4 5 6 7
Demand 46 56 54 43 57 56 67
Month 8 9 10 11 12
Demand 62 50 56 47 56
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