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{"ops":[{"insert":"Given\u00a0the data below for the actual sale of cases of beer for\u00a0eight days\u00a0(Sunday \u2013\u00a0Sunday)\n"},{"attributes":{"bold":true},"insert":"ANSWER"},{"insert":"\n\u00a0\nMONTH\nActual SALE OF CASES OF BEER\n\u00a0\n\u00a0\n\u00a0\n\u00a0\n\u00a0\n\u00a0\nSun\n440\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\nMon\n650\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\nTue\n652\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\nWed\n550\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\nThu\n456\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\nFri\n421\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\nSat\n652\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\nSun\n587\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\nMonday\n????\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n\u00a0\n\u00a0\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n\u00a0\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n\u00a0\n\u00a0\n\u00a0\n\u00a0\n\u00a0\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"\u00a0"},{"insert":"\n\u00a0\n(a)\u200bForecast using a\u00a04 month\u00a0simple moving average, 3 month weighted moving average\u00a0\u200b(using\u00a0\u200bweights of 4, 3, and\u00a01, respectively), and an exponential smoothing at alpha = 0.27\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b(9 marks)\n(b)\u200bUsing the MAD Error Analysis, determine which forecast is preferred.\u200b\u200b(9 marks)\u200b\u200b\n(c)\u200bUse the preferred method to forecast\u00a0Monday\u00a0of the following Week.\u200b\u200b(2 marks)\n"}]}

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