Question: Given the following historical data, compute the forecasts values using a three-period weighted moving average with the following weights: 5, 2, and 9. What are

Given the following historical data, compute the forecasts values using a three-period weighted moving average with the following weights: 5, 2, and 9. What are the forecast for period 9 and the MAD?

?

Period

Value

1

73

2

68

3

65

4

72

5

67

6

65

7

72

8

67

68, 2.533.

68.31, 3.675.

68, 4.24.

66, 2.533.

71, 2.533.

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