The following data represent the number of refrigerators sold for each of the past five months for Templeton Appliances
Month Sales
1 25
2 20
3 40
4 35
5 30
Using a two-period simple moving average, the forecasting error for Month 3 is ________.
A) 2.5
B) -5.0
C) -7.5
D) 17.5
D
Business
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