Short Answer
Given the following data on the number of pints of ice cream sold at a local ice cream store for a 6-period time frame:
-Daily highs in Sacramento for the past week (from least to most recent) were:
95, 102, 101, 96, 95, 90 and 92. Develop a forecast for today using a weighted moving average, with a weights of .6, .3, and .1, where the highest weights are applied to the most recent data.
Correct Answer:

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91.7 = .6(...View Answer
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Correct Answer:
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