Question: Given the data below, conduct a naive forecast for week 7. Using the moving average forecast technique of a 4-week period, provide a forecast for

Given the data below, conduct a naive forecast for week 7. Using the moving average forecast technique of a 4-week period, provide a forecast for week 7. Assuming the weight of 0.2, 0.2, 0.3, and 0.3 assigned to the data below, provide a forecast for week 7 using the weighted moving average technique. Please show your work.

Hint: On the weighted moving average, if there are no specific weights assigned to the period, adopt the heavier weights to the most recent actual values.

Grven the data below, conduct a naive forecast for week 7 . Using the moving average forecast technique of a 4 -week period, provide a forecast for week 7 . Assuming the weight of 0.2,0.2,0.3, and 0.3 assigned to the data below, provide a forecast for week 7 using the weighted moving average technique. Please ahow your work: Hint: On the weighted moving average, if there are no specific weights assigned to the period, adopt the heavier weights to the most recent actual valoes

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