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The data for the number of hand-held gaming devices sold for the past 5 weeks are 15 units, 20 units, 25 units, 30 units, and
The data for the number of hand-held gaming devices sold for the past 5 weeks are 15 units, 20 units, 25 units, 30 units, and 17 units respectively. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects; thus, a moving average model would be appropriate. Setting k = 3 and a weighting scheme of weight 3, 2, and 1 respectively to last week, two weeks ago, and three weeks a go data, the three-period weighted moving average forecast for week 6 (rounded to one decimal place) is ________.
- A. 25.3 units
- B. 22.7 units
- C. 12
- D. 17.8 units
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