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Forecasts and actual sales of MP3 players at Just Say Music are as follows: Month Forecast Actual Sales March 190 160 April 234 241 May

Forecasts and actual sales of MP3 players at Just Say Music are as follows:

Month Forecast Actual Sales
March 190 160
April 234 241
May 221 207
June 264 247
July 269 258
August 240 200
September 290 250
October 290 . 183

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

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

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.

MSE (two-period): MSE (three-period):

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