Question: (b)Develop the three-week moving average forecasts for this time series. (Round your answers to two decimal places.) Week Time Series Value Forecast 1 19 2

(b)Develop the three-week moving average forecasts for this time series. (Round your answers to two decimal places.)

Week	Time Series Value	Forecast
1	19
2	11
3	13
4	10
5	17
6	12

Compute MSE. (Round your answer to two decimal places.)MSE = What is the forecast for week 7?(c)Use = 0.2 to compute the exponential smoothing forecasts for the time series.

Week	Time Series Value	Forecast
1	19
2	11
3	13
4	10
5	17
6	12

Compute MSE. (Round your answer to two decimal places.)MSE = What is the forecast for week 7? (Round your answer to two decimal places.)

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