Five-week moving averages for the time series

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(Algorithmic) Refer to the gasoline sales time series data in the given table. Week Sales (1000s of gallons) 1 18 2 21 3 19 4 22 5 18 6 16 7 21 8 19 9 21 10 21 11 16 12 23 Compute four-week and five-week moving averages for the time series. Round your answers to two decimal places. Week Sales 4-Week Moving Average 5-Week Moving Average 1 18 2 21 3 19 4 22 5 18 6 16 7 21 8 19 9 21 10 21 11 16 12 23 Compute the MSE for the four-week and five-week moving average forecasts. Round your intermediate calculations and final answers to two decimal places. MSE for four-week moving average = MSE for five-week moving average = What appears to be the best number of weeks of past data (three, four, or five) to use in the moving average computation?

Reference no: EM132194833

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