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Centerville Bikes and Stuff (CBS) sells motorcycles and accessories. The number of helmets sold by CBS per week for the past six weeks follows. Week

Centerville Bikes and Stuff (CBS) sells motorcycles and accessories. The number of helmets sold by CBS per week for the past six weeks follows.

Week 1 2 3 4 5 6
Value 19 12 14 11 15 13

Develop the three-week moving average for this time series. (Round your answers to two decimal places.)

Week Time Series Value Forecast
1 19
2 12
3 14
4 11
5 15
6 13

Compute MSE. (Round your answer to two decimal places.)

MSE =

What is the forecast for week 7?

Use = 0.2 to compute the exponential smoothing values for the time series.

Week Time Series Value Forecast
1 19
2 12
3 14
4 11
5 15
6 13

Compute MSE. (Round your answer to two decimal places.)

MSE =

What is the forecast for week 7? (Round your answer to two decimal places.)

Use = 0.4 to compute the exponential smoothing values for the time series.

Week Time Series Value Forecast
1 19
2 12
3 14
4 11
5 15
6 13

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