Question: Week 1 2 3 4 5 6 Sales ($) 16 1 8 1 4 1 0 2 0 2 2 1. Based on actual data

Week 1 2 3 4 5 6 Sales ($) 16 1 8 1 4 1 0 2 0 2 2

Week 1 2 3 4 5 6 Sales ($) 16 1 8 1 4 1 0 2 0 2 2 1. Based on actual data provided above, what are the sales forecast values for weeks 4 through 6, using the simple moving average with averaging period = 2? 2. Based on actual data provided above, what are sales forecast values for weeks 4 through 6, using the weighted moving average method with weights of 0.5 (most recent), 0.4 and 0.1 (oldest)? 3. Calculate MAD for both methods by using weeks 4 through 6 data. Which method is more accurate

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