Weighted moving average


Daily demand for newspapers for the last 10 days has been as follows: 12, 13, 16, 15, 12, 18, 14, 12, 13, 15. Forecast sales for the next day (Day 11) using a three-day weighted moving average where the weights are 3, 1, and 1 (the highest weight is for the most recent number).

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Basic Statistics: Weighted moving average
Reference No:- TGS0743622

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