Question: The US Census Bureau publishes data on factory orders for all manufacturing durable goods, and nondurable goods industries. Shown here are the factory orders in

The US Census Bureau publishes data on factory orders for all manufacturing durable goods, and nondurable goods industries. Shown here are the factory orders in the united states over last 6 years

year

Factory order ($100billion)

1

26

2

28

3

30

4

26

5

29

6

34

1. Use Moving average of order 4 (forecasting method) for forecasting factory order for period 6 is:

A.

28.33

B.

28.25

C.

27.5

D.

29

2. use Naive forecast method for forecasting factory order for period 5

A.

29

B.

26

C.

28

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