Forecasts and actual sales of digital music players at Just Say Music are as follows: a. Plot

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Forecasts and actual sales of digital music players at Just Say Music are as follows:image text in transcribed

a. Plot the data on a spreadsheet and provide insights about the time series.

b. What is the forecast for November, using a twoperiod moving average?

c. What is the forecast for November, using a three-period moving average?

d. Compute MSE for the two- and three-period moving average models using the Moving Average Excel template and compare your results.

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