ALL answers have to be EXPLAINED, JUSTIFIED and written in a STATEMENT FORM. If

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ALL answers have to be EXPLAINED, JUSTIFIED and written in a STATEMENT FORM. If you perform the exercise in excel, please send me the answer (g.meiias.ortiz(a)gmail.com) Gamboa Log needs your group help to forecast its services demand for next quarter. The company provided your group the shown history of its service demand, in dollars terms. Your group has three models in mind that could help Gamboa Log estimate the demand of its services. These are: a simple weighting moving with n=4, a simple exponential smoothing model with alpha=0.3 or a linear regression model. Using the MAD criterion, what would be the estimated demand on Quarter 14?

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ALL answers have to be EXPLAINED, JUSTIFIED and written in a STATEMENT FORM. If

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