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Brums [2.3K]
3 years ago
8

A​ long-time independent bank merged with another bank in 2003. Their​ year-end financial reports for the final five years of in

dependent operation give the values to the right for their liquid assets. ​a) Use a​ 3-year moving average to predict what liquid assets would have been in 2003. ​b) Predict the value for 2003 using a single exponential smooth with smoothing parameter alphaequals0.3​, beginning with the initial value.

Business
1 answer:
Serga [27]3 years ago
4 0

Answer:

1. The liquid assets value= 21614

2. The predicted value for 2023 = 19749

Explanation

Check attachment for calculation and tables

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