Sales of a new CD at a store for the last 4 weeks are shown below.

a.Find a 3 period moving average forecast for the next week.
b.Find a 4 period moving average forecast for the next week.
c.Actual sales for week 5 were 105 units.What would be the 3- and 4-period moving average forecasts for week 6?

Question

Sales of a new CD at a store for the last 4 weeks are shown below.
 
a.Find a 3 period moving average forecast for the next week.
b.Find a 4 period moving average forecast for the next week.
c.Actual sales for week 5 were 105 units.What would be the 3- and 4-period moving average forecasts for week 6?

Quizplus · Accepted Answer

The Answer of Sales of a new CD at a store for the last 4 weeks are shown below.
 
a.Find a 3 period moving average forecast for the next week.
b.Find a 4 period moving average forecast for the next week.
c.Actual sales for week 5 were 105 units.What would be the 3- and 4-period moving average forecasts for week 6?

Sales of a New CD at a Store for the Last