Question: Using a 3 month weighted moving average with weights of .6 for the most recent and .10 for the oldest period, (1) Make a forecast

Using a 3 month weighted moving average with weights of .6 for the most recent and .10 for the oldest period, (1) Make a forecast for the entire series (2) what do you forecast the sales to be in January?

Month Sales

Jan 1

Feb 3

Mar 2

April 5

May 7

June 7

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