(TCO 2) Using the table Paint Sales Time Series, calculate the mean absolute deviation for a three day moving average. Paint Sales Time Series Week Sales (000s of gallons) 1 6 2 8 3 10 4 9 5 11 6 12 7 10 8 8 9 7 10 9 (choose correct answer: 2.67 1.76 2.54 3.67

(TCO 2) Using the table Paint Sales Time Series, calculate the forecast for paint sales (in thousands) for Week 11 using a three day weighted moving average. Use a weight of .40 for the most recent observation, .35 for the second most recent, and .25 for the third most recent. Paint Sales Time Series Week Sales (000s of gallons) 1 6 2 8 3 10 4 9 5 11 6 12 7 10 8 8 9 7 10 9 (choose correct answer: 8.05 8.30 9.10 10.05

(TCO 2) Using the table Gasoline Sales Time Series, calculate the forecast for gasoline sales (in thousands) for Week 13 using exponential smoothing and a smoothing constant of .10. Gasoline Sales Time Series Week Sales (000s of gallons) 1 17 2 21 3 19 4 23 5 18 6 16 7 20 8 18 9 22 10 20 11 15 12 22 (choose correct answer: 17.56 17.88 18.48 18.64