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Consider the Sales for Six Consecutive Weeks for Sam's Strawberries  Week  Sales 116218314410520622\begin{array} { c c } \text { Week } & \text { Sales } \\\hline 1 & 16 \\2 & 18 \\3 & 14 \\4 & 10 \\5 & 20 \\6 & 22\end{array}

question 10

Essay

Consider the sales for six consecutive weeks for Sam's Strawberries. The sales are in "flats" sold.
 Week  Sales 116218314410520622\begin{array} { c c } \text { Week } & \text { Sales } \\\hline 1 & 16 \\2 & 18 \\3 & 14 \\4 & 10 \\5 & 20 \\6 & 22\end{array}
a. Using a 3-period moving average, forecast the sales for weeks four through six.
b. Use exponential smoothing with α\alpha = .3 to forecast sales for weeks four through six.
c. Use linear regression time series) to develop a prediction equation that will forecast sales. Then use that prediction equation to get forecasts for weeks four through six.
d. Use MAD to pick the best forecasting method of A through C.


Definitions:

Committed

Exhibiting dedication and loyalty to a cause, activity, or relationship, often demonstrated through consistent action and perseverance.

Appropriate Self-disclosure

The act of sharing personal information with others in a manner that is considered suitable for the context and the nature of the relationship, maintaining a balance between privacy and openness.

Practicing Apology

Involves learning and applying the art of apologizing in a sincere and effective manner to mend relationships.

Defensive Technique

Strategies or behaviors aimed at protecting oneself from threat, criticism, or harm, often in a psychological context.

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