Food trucks have become a common sight on American campuses. They serve scores of hungry students strolling through campus and looking for trendy food served fast. The owner of a food truck collects data on the number of students he serves on weekdays on a small campus in California. A portion of the data is shown in the accompanying table. 

a. Use the 3-period moving average to make a forecast for Weekday 41. 

b. Use the 5-period moving average to make a forecast for Weekday 41. 

c. Which is the preferred technique for making the forecast based on MSE, MAD, and MAPE?

Transcribed Image Text:

Weekday 1 2 ⠀ 40 Students 84 66 ⠀ 166