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Question: c the mean absolute deviation based on a 3 month...

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Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows Month January February March April May June Price Per Chip $1.90 $1.61 $1.60 $1.85 $1.90 $1.95 Month July August September October November December Price Per Chip $2.00 $1.70 $1.65 S1.55 $1.60 $1.75 This exercise contains only parts a, b, and c a) Using a 2-month moving average, the forecast for periods 11 and 12 is (round your responses to two decimal places) Month Mar Apr May Aug Sep Oct Nov Dec Forecast $1.76 1.611.73 1.88 1.93 1.98185 1.681.601.58 b) Using a 3-month moving average, the forecast for periods 11 and 12 is (round your responses to two decimal places)) The mean absolute deviation based on a 2-month moving average of March through December is (round your response to three decimal placesc) The mean absolute deviation based on a 3 month moving average of April through December is $____ (round to 3 decimal places)

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