Use the sales data below to generate forecasts for months 724 using a six-period and a three-period moving average. Use MAD to compare the forecasts. Which forecast is more stable? Which is more responsive and why?

Month	Sales	Month	Sales	Month	Sales
1	124	9	145	17	158
2	126	10	150	18	149
3	131	11	144	19	175
4	134	12	154	20	170
5	133	13	160	21	176
6	135	14	155	22	158
7	138	15	162	23	178
8	143	16	160	24	175

(a)

Incorrect answer iconYour answer is incorrect.

Generate forecasts for months 7-24 using a six-period and a three-period moving average. Use MAD to compare the forecasts

Month	Sales	Forecast 6-month Mooving Average	Forecast 3-month Mooving Average
1	124	-	-
2	126	-	-
3	131	-	-
4	134	-	enter forecast
5	133	-	enter forecast
6	135	-	enter forecast
7	138	enter forecast	enter forecast
8	143	enter forecast	enter forecast
9	145	enter forecast	enter forecast
10	150	enter forecast	enter forecast
11	144	enter forecast	enter forecast
12	154	enter forecast	enter forecast
13	160	enter forecast	enter forecast
14	155	enter forecast	enter forecast
15	162	enter forecast	enter forecast
16	160	enter forecast	enter forecast
17	158	enter forecast	enter forecast
18	149	enter forecast	enter forecast
19	175	enter forecast	enter forecast
20	170	enter forecast	enter forecast
21	176	enter forecast	enter forecast
22	158	enter forecast	enter forecast
23	178	enter forecast	enter forecast
24	175	enter forecast	enter forecast
	MAD:	enter the mean absolute deviation	enter the mean absolute deviation

(For forecast: round your answers to 2 decimal places, e.g., 200.12.) (For MAD: round your answers to 2 decimal places, e.g., 200.12. Do not round your intermediate computations.)