Business Finance Homework Help

Using the table “Computer Sales Time Series”, calculate the forecast for computer sales (in thousands) for Week 13 using a three day weighted moving average. Use a weight of .40 for the most recent observation, .35 for the second most recent, and .25 for the third most recent.  

 

Computer Sales Time Series
Week	Sales (in thousands)
1	2
2	4
3	5
4	3
5	6
6	7
7	5
8	8
9	4
10	2
11	3
12	5