HINT: Record your rough work on paper. This will help you to solve a few other problems and you are required to submit your rough work. The following is data gathered from the local pizza shop for one week. Given the information and if you are asked to create a forecast, how many pizzas do you forecast (round as necessary) if the price is $7.75/pizza on Day 8? [6 points] Select the most appropriate option. Day 1 Number of pizzas sol 200 190 2 3 188 Price per pizza $6.00 $6.50 $6.75 $7.00 $7.25 $7.50 $8.00 4 180 5 170 162 6 7 160 160 126 172 162 151 The following is data gathered from the local pizza shop for one week. Given the information and if you are asked to create a forecast, which method will your recommend? [ 2 points). Select the most appropriate option. Day 1 Number of pizzas sol 200 190 188 2 3 Price per pizza $6.00 $6.50 $6.75 $7.00 $7.25 $7.50 $8.00 4 180 170 5 6 162 160 7 Moving Average Exponential Smoothing Associate Forecasting Linear Trend Weighted Moving Average The following is data gathered from the local pizza shop for one week. Given the information and if you are asked to create a forecast, and assuming you select associative forecasting, which do you believe to be the the predictor variable? [2 points] Select the most appropriate option. Day 1 2 3 4 5 6 Price per pizza $6.00 $6.50 $6.75 $7.00 $7.25 $7.50 $8.00 Number of pizzas sol 200 190 188 180 170 162 160 Price per pizza Day Number of pizzas sold