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Demand for a particular type of battery fluctuates from one week to the next. A study of the last six weeks provides the following demands
Demand for a particular type of battery fluctuates from one week to the next. A study of the last six weeks provides the following demands (in dozens): 4, 5, 3, 2, 8, 10 (last week).
Forecast demand for the next week using a two-week moving average.
Forecast demand for the next week using a three-week moving average.
Which model is the better predictor? [ Select ] ["three week moving average", "can not be compared since they are using different time amounts", "two week moving average"]
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