Question: Using weights wt - 2 = 0 . 1 , wt = 0 . 6 , and wt - 1 = 0 . 3 ,

Using weights wt-2=0.1, wt=0.6, and wt-1=0.3, what is the three-month weighted moving average forecast for Week 5, given the following observed demands of gambling takes for a hotel?
Week
Take (in $)
1
250,000
2
200,000
3
300,000
4
280,000
The forecast for Week 5 is ________________________________(KEEP NO DECIMAL)

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