The number of plumbing repair jobs performed by Auger's Plumbing Service in each of the last nine months are listed below.
a.Assuming a linear trend function, forecast the number of repair jobs Auger's will perform in December using the least squares method.
b.What is your forecast for December using a three-period weighted moving average with weights of .6, .3, and .1? How does it compare with your forecast from part (a)?
Correct Answer:
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a.Ȳ10 = 349.667 + (1...
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