Question: please solve with steps PROBLEM 3 Jim's department at a local department store has tracked the sales of a product over the last ve weeks.

please solve with steps

please solve with steps PROBLEM 3 Jim's department at a local department

PROBLEM 3 Jim's department at a local department store has tracked the sales of a product over the last ve weeks. Compute a three-week moving average, a three-week weighted moving average(using the weights 0.2, 0.3, and 0.5), and exponential smoothing(A1pha = 0.3) for weeks 4, 5, and 6. Compute the MAD for the forecasting methods. Which model is the most accurate (20 points)? Week Sales cases 1 24 2 23 3 26 4 36 5 Sales

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