Question: Here are the data for the past 2 1 months for actual sales of a particular product: Develop a forecast for the fourth quarter using

Here are the data for the past 21 months for actual sales of a particular product:
Develop a forecast for the fourth quarter using a three-quarter, weighted moving average. Weight the most recent quarter 0.50, the second most recent 0.25, and the third 0.25. Do the problem using quarters as opposed to forecasting separate months.
Note: Round your answer to \(\mathbf{2}\) decimal places.
Forecast for the fourth quarter
Here are the data for the past 21 months for actual

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