Q2. A) What is the forecast for the next period for the moving average data below using a span of 3 and equal weights?

[3 points] Show all work for credit.

B) What is the forecast if the weights are .7 (for t-1), .2 (for t-2) and .1 (for t-3)? [5 points] Show all work for credit.

Time / Y

... ...

18 7,237

19 7,549

20 9,644

21 7,546

22 7,284

23 7,795

24 9,584