QUESTION 14 3. Below you are given the first four values of a monthly time series of sales. You want to predict the sales of May based on the time series data. Month Time Series Value Yt January 120 February 135 March 150 April 175 a) When a three-month moving average is used, what is the forecast on the sales in May? (round to whole number)

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QUESTION 14
3. Below you are given the first four values of a monthly time series of sales. You want to predict the sales of May based on the time series data.
Month
Time Series Value Yt
January
120
February
135
March
150
April
175
a) When a three-month moving average is used, what is the forecast on the sales in May? (round to whole number)
Transcribed Image Text:QUESTION 14 3. Below you are given the first four values of a monthly time series of sales. You want to predict the sales of May based on the time series data. Month Time Series Value Yt January 120 February 135 March 150 April 175 a) When a three-month moving average is used, what is the forecast on the sales in May? (round to whole number)
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