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An analyst is using a 3-period moving average to forecast the number of widgets needed for the fourth quarter. Using the following data, what is the forecasted amount?
An analyst is using a 3-period moving average to forecast the number of widgets needed for the fourth quarter. Using the following data, what is the forecasted amount? ...
An analyst is using a 3-period moving average to forecast the number of widgets needed for the fourth quarter. Using the following data, what is the forecasted amount?
Quarter
Widgets
1
43
2
32
3
38
4
37
1
41
2
35
3
40
4
?
Solution:
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