Question: Forecast years 5-8 using moving average method with averaging period of 1 and 2. Calculate MAD values using values for years 5-8 for both models.

Forecast years 5-8 using moving average method with averaging period of 1 and 2. Calculate MAD values using values for years 5-8 for both models. Which model is more accurate based on MAD?

Year Actual Sales Forecast AP=1 Forecast AP=2

1 565

2 590

3 583

4 597

5 615

6 611

7 610

8 623

Please provide all the work. It is required to achieve all points

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