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3 of 5 (1 complete) Question: 6 pts Sales of Volkswagen\'s popular Beede have gr

ID: 3048710 • Letter: 3

Question

3 of 5 (1 complete) Question: 6 pts Sales of Volkswagen's popular Beede have grown steadily at auto dealerships in Nevada during the past 5 years (soo table below) Year Sales 516 a)Forecasted sales for year 6 using a 3-year moving average issales (roundyourresponso to ano de imalplace b)The MAD for a 3year moving average base d forecast issales pour dycurresponse to one de m apace c) The MSE for a 3-year moving average based forecast s sales (round your response to the neorest whole number), Enter your answer in each of the answer boxes. F8 5 8 0

Explanation / Answer

a) forecast for 6th period=554.3

b)MAD =64.5

c)MSE =4216.5

Year sales(A) Forecast(F) |A-F| (A-F)^2 1 455 2 502 3 516 4 563 491 72 5184 5 584 527 57 3249 554.3 total 129 8433 average 64.5 4216.5