Question: Please help me answer A-C to fill in the blanks Problem 15-07 (Algorithmic) Refer to the gasoline sales time series data in the given table.
Please help me answer A-C to fill in the blanks
Problem 15-07 (Algorithmic)
Refer to the gasoline sales time series data in the given table.
| Week | Sales (1000s of gallons) |
| 1 | 18 |
| 2 | 22 |
| 3 | 19 |
| 4 | 22 |
| 5 | 19 |
| 6 | 15 |
| 7 | 21 |
| 8 | 19 |
| 9 | 22 |
| 10 | 19 |
| 11 | 14 |
| 12 | 22 |
- Compute four-week and five-week moving averages for the time series. Round your answers to two decimal places.
Week Sales 4-Week Moving Average 5-Week Moving Average 1 18 2 22 3 19 4 22 5 19 fill in the blank 1 6 15 fill in the blank 2 fill in the blank 3 7 21 fill in the blank 4 fill in the blank 5 8 19 fill in the blank 6 fill in the blank 7 9 22 fill in the blank 8 fill in the blank 9 10 19 fill in the blank 10 fill in the blank 11 11 14 fill in the blank 12 fill in the blank 13 12 22 fill in the blank 14 fill in the blank 15 - Compute the MSE for the four-week and five-week moving average forecasts. Round your intermediate calculations and final answers to two decimal places. MSE for four-week moving average = fill in the blank 16 MSE for five-week moving average = fill in the blank 17
- What appears to be the best number of weeks of past data (three, four, or five) to use in the moving average computation? Recall that MSE for the three-week moving average is 11.78. ___________________
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