The values of Alabama building contracts (in $millions) for a 12-month period follow.
240 350 230 260 280 320 220 310 240 310 240 230
Construct a time series plot. What type of pattern exists in the data?
Develop three month and four month moving averages for this time series. Does the three month or four month moving average provide more accurate forecasts based on MSE. explain
What is the moving average forecast for the next month