8. (**) Develop a three-period weighted moving average forecast for periods 4 through 11. Use weights of

Question:

8. (**) Develop a three-period weighted moving average forecast for periods 4 through 11. Use weights of 0.4, 0.35, and 0.25, with the most recent observation weighted the highest. Calculate the MFE and MAD values for periods 4 through 10. How do your results compare with those for Problem 7? image text in transcribed