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State Division of Motor Vehicles (DMV) Statistics Show the Rate

Question 72

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State Division of Motor Vehicles (DMV) statistics show the rate of new driver's license applications to be as shown below:
State Division of Motor Vehicles (DMV) statistics show the rate of new driver's license applications to be as shown below:    a.Using a 3-week moving average, what is the forecast for the first week in April? b.Using a 5-week moving average, what is the forecast for the first week in April?
a.Using a 3-week moving average, what is the forecast for the first week in April?
b.Using a 5-week moving average, what is the forecast for the first week in April?

Correct Answer:

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a.F(April, 1) = (211 + 196 + 2...

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