Question
The following are the recent historical sales of Sony HDTV at a local BestBuy store. Month Jan Feb Mar April May Actual HDTV sales 68
The following are the recent historical sales of Sony HDTV at a local BestBuy store.
Month | Jan | Feb | Mar | April | May |
Actual HDTV sales | 68 | 69 | 88 | 75 | 90 |
Using the weighted moving average method, with weights of 0.5 one period ago, 0.3 two periods ago, and 0.2 three periods ago, to forecast sales for June.
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