Question: Question 3 1 pts Demand at a retailer is experiencing a negative growth trend. If the store manger forecasts demand using a moving average model

Question 3 1 pts Demand at a retailer is experiencing a negative growth trend. If the store manger forecasts demand using a moving average model what is the most likely outcome? Systematically over forecasting demand Systematically under forecasting demand O A forecast with error but no sytematic blas Question 4 1 pts A4 period forecast is developed. After 4 periods the actual results are collected. The following table documents the forecast and actual values. Period Forecast Actual 1 427 427 2 411 428 3 449 440 4 442 405 Calculate the Mean Forecast Error (MFE) for this forecast. (Round your answer to one decimal place.)

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