Question: If you made a forecast for Week 8, based on a 4 Week simple moving average, how much would your forecast be different from the

If you made a forecast for Week 8, based on a 4 Week simple moving average, how much would your forecast be different from the actual jobless claims?

Week

Jobless claims

(in thousands)

1

400

2

393

3

392

4

396

5

404

6

385

7

368

8

366

9

387

10

375

11

402

12

355

13

379

14

373

15

361

16

351

17

353

18

351

19

Group of answer choices

22.25

None of the stated answers are correct.

217.56

495.06

14.75

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