Question: (b) Develop three-month and four-month moving averages for this time series. If required, round your answers to two decimal places. Month 1 2 3 4

(b) Develop three-month and four-month moving averages for this time series. If required, round your answers to two decimal places. Month 1 2 3 4 5. MSE 6 7 8 9 10 11 12 Sales 9.5 9.3 9.4 9.6 9.8 9.7 9.8 10.5 9.9 9.7 9.6 9.6 3 Month 4 Month Moving Average Moving Average Enter the Mean Square Errors for the three-month and the four-month moving average forecasts. If required, round your answers to three decimal digits. 3-month moving average 4-month moving average Does the three-month or the four-month moving average provide the better forecasts based on MSE? Explain. 3-month moving average Moving average with the lowest MSE provides the better forecast.

(b) Develop three-month and four-month moving averages for this time series. If required, round your answers to two decimal places, Enter the Mean Square Errors for the three-month and the four-month moving average forecasts. If required, ro Does the three-month or the four-month moving average provide the better forecasts based on MSE? Explain

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