Question: Calculate two forecasts using the following data. First, for periods 4 through 1 0 , develop the 3 period weighted moving average forecasts.. Second, calculate

Calculate two forecasts using the following data. First, for periods 4 through 10, develop the 3
period weighted moving average forecasts.. Second, calculate the three-period moving-average
forecast for periods 4 through 10. Calculate the mean absolute deviation (MAD) for each forecasting
procedure. Which forecasting procedure would you select? Why? What is the forecast for Period 11

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