Question: Which is the best method to use for the following dataa three-period weighed moving average forecast with weights of (0.5, 0.3, 0.2) or an exponential

Which is the best method to use for the following data—a three-period weighed moving average forecast with weights of (0.5, 0.3, 0.2) or an exponential smoothing forecast with an α = 0.25 (compare the last five periods only and use 1081 for the exponential smoothing forecast in period 1). Justify your answer.

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