Question: PLEASE ONLY ANSWER C Storrs Cycles has just started selling the new Cyclone mountain bike, with monthly sales as shown in the table. Month Sales

PLEASE ONLY ANSWER C Storrs Cycles has justPLEASE ONLY ANSWER C

Storrs Cycles has just started selling the new Cyclone mountain bike, with monthly sales as shown in the table. Month Sales Jan 404 Feb 376 Mar 414 Apr 365 a) Based on the given monthly sales data, it can be said that there is not a strong linear trend in sales over time. b) First, co-owner Bob Day wants to forecast by exponential smoothing by initially setting February's forecast equal to January's sales with a = 0.10. Using the forecasting method, Bob's forecast for the month of May is (round your response to two decimal places): Month Sales Forecast 404 Jan Feb Mar Apr May 376 414 365 404.00 401.20 402.48 398.73 Second, co-owner Sherry Snyder wants to forecast using a three-period moving average. The forecast for the month of May is (round your response to two decimal places). Month Forecast Sales 404 Jan Feb Mar Apr May 376 414 365 398.00 385 c) Assume that May's actual sales figure turns out to be 400. For the forecast developed by Bob using exponential smoothing, the mean absolute deviation (MAD) -sales (round your response to two decimal places)

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