Question 2 (10 points) Saved The historical demand for life insurance policies from the Liberty Insurance Company in Toronto, is given below: (10 marks) Month Actual Demand Weighted Moving Average Forecast January February March April May 22 20 19 21 23 Using a 2-period weighted moving average, with weights of 0.8, 0.2, Calculate the forecast for as many periods as possible. List the figures for each month (6 marks) Hint: The highest weight is for the most recent period. b) Calculate the MAD for this methods, and list it. (3 marks) c) List True or Flase for the following statement: 'The lowest the MAD you calculated, the more siurable this method is