Question: 6 7 8 9 Use the following data to answer the questions below. Month 2 3 5 10 Actual Sales 106 102 131 124 116

6 7 8 9 Use the following data to answer the
6 7 8 9 Use the following data to answer the questions below. Month 2 3 5 10 Actual Sales 106 102 131 124 116 129 135 130 140 136 a. Use a four period moving average to compute a forecast for period 11. b. Use exponential smoothing with alpha= 2 to compute forecasts for periods 2, 3 and 4. Assume that there is already a forecast of 100 for month 1 c. Suppose the process you are modeling is mostly constant with occasional peaks and valleys. Would an exponential model with alpha-1 or alpha-3 be preferred? Why? d. If the best regression line is y=105,67 +3.5t, what is the expected monthly rate of increase in sales? What is the forecast for month 127 PLEASE SHOW YOUR WORK

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