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Toyota Motors introduced a hybrid car Hybrid G in the U.S. market in 2014. In the first three years, the sales of the Hybrid G

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Toyota Motors introduced a hybrid car Hybrid G in the U.S. market in 2014. In the first three years, the sales of the Hybrid G were strong, but the sales figures started to decline in 2017 following the introduction of a new hybrid model by Honda. Toyota is in critical need of a better forecasting method. They need your help to evaluate alternative forecasting methods and provide suggestions. The following table contains the past 6 months of sales data. Using a 2-month simple moving average method to forecast sales, what's the forecasted sales for month 6 ? 1305.7 1230 1252.7 1287.5 1216.8 The following table contains an automobile firm's sales data from month 1 to month 6 . Using a 2-month weighted moving average method to forecast sales (W1=0.3,W2=0.7), what's the mean absolute deviation (MAD) of the forecasts for month 3 to 6 ? 14311 11.25 100.8 1.55 92

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