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Sales of a New CD at a Store for the Last

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Sales of a new CD at a store for the last 4 weeks are shown below.
Sales of a new CD at a store for the last 4 weeks are shown below.    a.Find a 3 period moving average forecast for the next week. b.Find a 4 period moving average forecast for the next week. c.Actual sales for week 5 were 105 units.What would be the 3- and 4-period moving average forecasts for week 6?
a.Find a 3 period moving average forecast for the next week.
b.Find a 4 period moving average forecast for the next week.
c.Actual sales for week 5 were 105 units.What would be the 3- and 4-period moving average forecasts for week 6?

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Definitions:

Psychological Essentialism

The belief that certain categories, such as biological species or social groups, have an underlying and unobservable essence that defines their identity.

Connectionism

An approach in cognitive science that models mental or behavioral phenomena as the emergent processes of interconnected networks of simple units.

Exemplar View

A perspective in psychology that suggests the classification or recognition of objects occurs by comparing them to a collection of specific examples or instances stored in memory.

Prototype View

A theory in cognitive science suggesting that mental categorization is based on the best or most typical example of a category.

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