Question: begin{tabular}{cc} begin{tabular}{c} Time Period end{tabular} & Observation hline 1 & 1,619 2 & 1,545 3 & 1,473 4 & 1,222

 \begin{tabular}{cc} \begin{tabular}{c} Time \\ Period \end{tabular} & Observation \\ \hline 1& 1,619 \\ 2 & 1,545 \\ 3 & 1,473 \\ 4

\begin{tabular}{cc} \begin{tabular}{c} Time \\ Period \end{tabular} & Observation \\ \hline 1 & 1,619 \\ 2 & 1,545 \\ 3 & 1,473 \\ 4 & 1,222 \\ 5 & 1,162 \\ 6 & 1,378 \\ 7 & 1,643 \\ 8 & 1,353 \\ 9 & 1,310 \\ 10 & 1,529 \\ 11 & 1,392 \\ 12 & 1,596 \\ 13 & 1,633 \\ 14 & 1,666 \\ 15 & 1,308 \end{tabular} b. What is the forecast for week 16 , using a two-period moving average? Round your answer to the nearest cent. $ c. What is the forecast for week 16, using a three-period moving average? Round your answer to the nearest cent. $ The moving average is a better model. \begin{tabular}{cc} \begin{tabular}{c} Time \\ Period \end{tabular} & Observation \\ \hline 1 & 1,619 \\ 2 & 1,545 \\ 3 & 1,473 \\ 4 & 1,222 \\ 5 & 1,162 \\ 6 & 1,378 \\ 7 & 1,643 \\ 8 & 1,353 \\ 9 & 1,310 \\ 10 & 1,529 \\ 11 & 1,392 \\ 12 & 1,596 \\ 13 & 1,633 \\ 14 & 1,666 \\ 15 & 1,308 \end{tabular} b. What is the forecast for week 16 , using a two-period moving average? Round your answer to the nearest cent. $ c. What is the forecast for week 16, using a three-period moving average? Round your answer to the nearest cent. $ The moving average is a better model

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