Weekly sales of the Weber Dicamatic food processor for the past ten weeks have been: Sales 980 1040 1120 1050 960 Week 1 2 3 4 5 Week 6 7 8 9 10 Sales 990 1030 1260 1240 1100 Determine, on the basis of minimizing the mean square error, whether a three-period or four-period simple moving average model gives a better forecast for this problem. Please type your answer by typing 3 or 4 below.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Weekly sales of the Weber Dicamatic food processor for the past ten weeks have been:
Week
1
234N
5
Sales
980
1040
1120
1050
960
Week
6
7
8
9
10
Sales
990
1030
1260
1240
1100
Determine, on the basis of minimizing the mean square error, whether a three-period or four-period
simple moving average model gives a better forecast for this problem.
Please type your answer by typing 3 or 4 below.
Transcribed Image Text:Weekly sales of the Weber Dicamatic food processor for the past ten weeks have been: Week 1 234N 5 Sales 980 1040 1120 1050 960 Week 6 7 8 9 10 Sales 990 1030 1260 1240 1100 Determine, on the basis of minimizing the mean square error, whether a three-period or four-period simple moving average model gives a better forecast for this problem. Please type your answer by typing 3 or 4 below.
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