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Forecasts and actual sales of digital music players at Just Say Music are as follows: Month Forecast Actual Sales March 180 170 April 224 233

Forecasts and actual sales of digital music players at Just Say Music are as follows:

Month Forecast Actual Sales
March 180 170
April 224 233
May 204 194
June 247 235
July 243 222
August 260 210
September 285 230
October 258 176

1. What is the forecast for November, using a two-period moving average? Round your answer to two decimal places.

2. What is the forecast for November, using a three-period moving average? Round your answer to two decimal places.

3. Compute MSE for the two- and three-period moving average models and compare your results. Do not round intermediate calculations. Round your answers to two decimal places.

2-period MA 3-period MA
MSE

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