Question: 1. What is the forecast for period 13 using a naive forecast? 2. What is the period 13 forecast using a 3-period simple moving average
1. What is the forecast for period 13 using a naive forecast?
2. What is the period 13 forecast using a 3-period simple moving average (rounded up to the nearest whole number)?
3. What is the period 13 forecast using a 4-period simple moving average (rounded up to the nearest whole number)?
4. What is the period 13 forecast using a weighted moving average (rounded up to the nearest whole number)?
w1=.4, w2=.3, w3=.2, w4=.1
5. What is the period 13 forecast using exponential smoothing with a smoothing constant of 0.3 (rounded up to the nearest whole number)?
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