#6.) Consider the quarterly sales data for Worthington Kilbourne Health Club shown here: Quart
Question: #6.) Consider the quarterly sales data for Worthington Kilbourne Health Club shown here:
QuarterYear 1 2 3 4 Total Sales
1 4 2 1 5 12
2 6 4 4 14 28
3 10 3 5 16 34
4 12 9 7 22 50
5 18 10 13 35 76
a.) Develop a four-period moving average model and compute MAD, MAPE, and MSE for your forecasts
b.) Find a good value for α for a single exponential smoothing model and compare your results to part (a).
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