Question: 1 Here are the data for the past 21 months for actual sales of a particular product LAST YEAR THIS YEAR January 320 279 February

1 Here are the data for the past 21 months for actual sales of a particular product LAST YEAR THIS YEAR January 320 279 February 400 350 March 475 355 April 475 450 May 440 380 June 445 365 July 450 360 August 310 265 September 370 370 October 550 November 605 December 510 eBook Develop a forecast for the fourth quarter using a three-quarter, weighted moving average. Weight the most recent quarter 0.50, the second most recent 0.25, and the third 0.25. Do the problem using quarters, as opposed to forecasting separate months. (Round your answer to 2 decimal places.) Forecast for the fourth quarter

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