Given the attached data. Answer the following questions for a 7 period moving average.tAt1547723338347994285256332683857438284184914229101038511116761252711389381492791513990162890171302718897019670020706521124912287482383962461022575592679972711981281068029578330250131762032101943379083411985355863363024378758381640396569401172841665942283043100184484484512409462083476374487438494576504795 MAD = Average(|A-F|) TS =SUM(A-F)/MAD MSE = Average(A-F)2 1. Compute your forecast for period 51. The potential answers are: A: 11221.6 units. B: 12461 units. C: 8020.83 units. D: 4414 units. E: 6589 units.

The moving average method is a simple forecasting technique which is extensively used by forecasters…

Answered: Given the attached data. Answer the…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter13: Regression And Forecasting Models

Section13.6: Moving Averages Models

Problem 22P: The file P13_22.xlsx contains total monthly U.S. retail sales data. While holding out the final six...

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Given the attached data. Answer the following questions for a 7 period moving average.

t	At
1	5477
2	3338
3	4799
4	2852
5	6332
6	8385
7	4382
8	4184
9	14229
10	10385
11	11676
12	5271
13	8938
14	9279
15	13990
16	2890
17	13027
18	8970
19	6700
20	7065
21	12491
22	8748
23	8396
24	6102
25	7559
26	7997
27	11981
28	10680
29	5783
30	2501
31	7620
32	10194
33	7908
34	11985
35	5863
36	3024
37	8758
38	1640
39	6569
40	11728
41	6659
42	2830
43	10018
44	8448
45	12409
46	2083
47	6374
48	7438
49	4576
50	4795

MAD = Average(|A-F|)

TS =SUM(A-F)/MAD

MSE = Average(A-F)²

1. Compute your forecast for period 51.

The potential answers are:

A: 11221.6 units.

B: 12461 units.

C: 8020.83 units.

D: 4414 units.

E: 6589 units.

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