Question: Here is the data for the following question: Week 1 5 7 4 week 2 1 , 0 0 4 week 3 7 1 7

Here is the data for the following question: Week 1574
week 21,004
week 3717
week 41,076
51,076
6932
71,291
81,219
9932
101,219
111,219
121,076
131,650
141,650
151,434
161,219
171,291
181,578
191,793
201,721
211,578
221,865
231,434
241,793
251,865
261,506
271,650
281,506
291,721
301,50
Here is the question: Out of the four possible forecasting models (3-week and 6-week simple moving average
and exponential smoothing with parameters \alpha =0.2 and \alpha =0.6), which is the best forecast?
Justify your answer by calculating the MAD. (For exponential smoothing models, assume
the forecast for the first week is 600.) show clear calculations.

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