Question: Month Data 1 60 2 69 3 71 4 80 5 74 1. Compute the 3-period moving average forecast for month 6. (It is equal

Month Data 1 60 2 69 3 71 4 80 5 74

1. Compute the 3-period moving average forecast for month 6. (It is equal to the 3-period moving average in month 5.) The potential answers are:

A: 75 B: 77 C: 78 D: 79 E: 8

2. Compute the 2-period moving average forecast for month 3. The potential answers are:

A: 67

B: 64.5

C: 76.5

D: 77

E: 77.5

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