Question: 11. (20 points) A forecasting method used to predict can opener sales applies the following set of weights to the last five periods of data:

11. (20 points) A forecasting method used to predict can opener sales applies the following set of weights to the last five periods of data: .1..1,2,.2, 4 (with .4 being applied to the most recent observation). Observed values of can opener sales are: Period: 1 2 3 4 5 6 7 8 Observation: 23 28 33 26 21 38 32 41 Determine the following: a. The one-step-ahead forecast for period 9. b. The one-step-ahead forecast that was made for period 6

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