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Exhibit 11.15
The following questions use the data below.
The owner of Tim's Toys wants to predict monthly sales. He has collected data for 12 months. He needs your help in analyzing this data using weighted moving averages.
-Refer to Exhibit 11.15. What formulas should go in cells C5:C16 of the spreadsheet if Bill uses a 2 month weighted moving average forecasting model?
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