Question: Problem 15-07 (Algorithmic) Refer to the gasoline sales time series data in the given table. Week Sales (1000s of gallons) 1 18 2 21 3

Problem 15-07 (Algorithmic)

Refer to the gasoline sales time series data in the given table.

Week Sales (1000s of gallons)
1 18
2 21
3 19
4 22
5 19
6 15
7 20
8 17
9 23
10 19
11 16
12 23

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 21
3 19
4 22
5 19
6 15
7 20
8 17
9 23
10 19
11 16
12 23

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 = _______________ MSE for five-week moving average = ______________

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