Get the information you need from a community of experts on IDNLearn.com. Our platform offers detailed and accurate responses from experts, helping you navigate any topic with confidence.
Sagot :
Month 11's predicted 3-month moving average would be most closely associated with 68.35.
Investors and traders use a moving average as a technical indicator to identify the direction of a security's trend. It is calculated by summing all the data points collected over a certain time period and dividing the result by the total number of time periods. Technical traders can create trading signals with the aid of moving averages.
alpha(α) = 0.3
10th month exponential forecast = 67.60
Actual for month 10 = 70.1
Therefore, the 11th month's exponential forecast can be calculated as follows:
11-month exponential prediction
= Exponential forecast for month 10 + [α * (Actual for month 10-Exponential forecast for month 10)]
= 67.60 + [0.3 * (70.1 - 67.60)]
= 67.60 + 0.75
= 68.35
So its correct answer is B i.e. 68.35
To know more about Moving Average, refer to this link:
https://brainly.com/question/28259076
#SPJ4
COMPLETE QUESTION:
Month Fund Price 639 680 2 3 4 5 6 7 8 9 10 672 653 62 693 70.1 Question 1 0.5 Given the monthly share price data in this spreadsheet, the 3-month moving average forecast for month 11 would be closest to:
70.2
68.3
68.9
71.
We value your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. Thank you for choosing IDNLearn.com for your queries. We’re here to provide accurate answers, so visit us again soon.