Consider the quarterly sales data:data1 = {10, 31, 43, 16, 11, 33, 45, 17, 14, 46, 50, 21, 19, 41, 55,25}.a) Forecast demand for 6th month by using 2 month MA.b) Forecast demand for 6th month by using by employing EWMA with=0:9.c) Which forecast result you would prefer? and why?3. Monthly electricity consumption data for a year is given bydata2={ 530, 883, 894, 1045, 1199, 1287, 1565, 1577, 1076, 918,1008, 1064}Forecast the next years (monthly) electricity consumption by employingEWMA (=0:97):.N is 6