Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip duringthe past1
Please assist me with this homework (see attached).
ATTACHMENT PREVIEW Download attachment4.9 Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip duringthe past12 months were as follows:a) Use a 2-month moving average on all the data and plot the averages and the prices.b) Use a 3-month moving average and add the 3-month plot to the graph created in part (a).c) Which is be±er (using the mean absolute devia²on): the 2-month average or the 3-month average?d) Compute the forecasts for each month using exponen²al smoothing, with an ini²al forecast forJanuary of $1.80. Use α = .1, then α = .3, and Fnally α = .5. Using MAD, which is the best?
