Food trucks have become a common sight on American campuses. They serve scores of hungry students strolling through campus and looking for trendy food served fast. The accompanying data file contains the number of students served on weekdays on a small campus in California. Weekday Students 1 84 2 66 3 108 4 113 5 74 6 115 7 110 8 116 9 128 10 114 11 97 12 85 13 119 14 151 15 187 16 144 17 139 18 108 19 71 20 28 21 22 22 61 23 65 24 100 25 53 26 73 27 52 28 29 29 65 30 35 31 48 32 84 33 104 34 96 35 121 36 116 37 97 38 143 39 154 40 166 1. Use the 3-period moving average to make a forecast for Weekday 41. Note: Do not round intermediate calculations. Round final answer to 2 decimal places. 2. Use the 5-period moving average to make a forecast for Weekday 41. Note: Do not round intermediate calculations. Round final answer to 2 decimal places. 3. Report the performance measures for the techniques in parts a and b. Note: Do not round intermediate calculations. Round final answers to 2 decimal places. 4. Which is the p
Food trucks have become a common sight on American campuses. They serve scores of hungry students strolling through campus and looking for trendy food served fast. The accompanying data file contains the number of students served on weekdays on a small campus in California.
Weekday | Students |
1 | 84 |
2 | 66 |
3 | 108 |
4 | 113 |
5 | 74 |
6 | 115 |
7 | 110 |
8 | 116 |
9 | 128 |
10 | 114 |
11 | 97 |
12 | 85 |
13 | 119 |
14 | 151 |
15 | 187 |
16 | 144 |
17 | 139 |
18 | 108 |
19 | 71 |
20 | 28 |
21 | 22 |
22 | 61 |
23 | 65 |
24 | 100 |
25 | 53 |
26 | 73 |
27 | 52 |
28 | 29 |
29 | 65 |
30 | 35 |
31 | 48 |
32 | 84 |
33 | 104 |
34 | 96 |
35 | 121 |
36 | 116 |
37 | 97 |
38 | 143 |
39 | 154 |
40 | 166 |
1. Use the 3-period moving average to make a forecast for Weekday 41.
Note: Do not round intermediate calculations. Round final answer to 2 decimal places.
2. Use the 5-period moving average to make a forecast for Weekday 41.
Note: Do not round intermediate calculations. Round final answer to 2 decimal places.
3. Report the performance measures for the techniques in parts a and b.
Note: Do not round intermediate calculations. Round final answers to 2 decimal places.
4. Which is the preferred technique for making the forecast?
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