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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 216 229
Forecasts and actual sales of digital music players at Just Say Music are as follows:
Month | Forecast | Actual Sales |
March | 180 | 170 |
April | 216 | 229 |
May | 207 | 190 |
June | 260 | 241 |
July | 264 | 249 |
August | 260 | 220 |
September | 260 | 240 |
October | 254 | 160 |
A. What is the forecast for November, using a two-period moving average? Round your answer to two decimal places._______
B. What is the forecast for November, using a three-period moving average? Round your answer to two decimal places._______
C. 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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