The price of bananas fluctuates on the world market. The prices (S/tonne) for the years 1998-2002 are shown in the table. a) Find a 4-year moving average prediction for the price in 2003. b) Find a prediction for 2003 with an exponential smoothing model with $? = 0.3$ , beginning with the initial value. c) The actuat price of bananas in 2003 was 520 \$/tonne. Compute the absolute percentage error for each prediction. a) \$/tonne (Round to two decimal places as needed.)

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The price of bananas fluctuates on the world market. The prices (S/tonne) for the years 1998-2002 are shown in the table. a) Find a 4-year moving average prediction for the price in 2003. b) Find a prediction for 2003 with an exponential smoothing model with

? = 0.3

, beginning with the initial value. c) The actuat price of bananas in 2003 was 520 \$/tonne. Compute the absolute percentage error for each prediction. a) \$/tonne (Round to two decimal places as needed.)

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