iven the following data on the number of pints of ice cream sold at a local ice cream store for a 10-period time frame: Period Demand 1 230 2 220 3 200 4 270 5 300 6 300 7 330 8 340 9 360 10 300 Use a 2-period moving average to forecast demand for period 11 Group of answer choices 350 225 330 335

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 23PPS
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Given the following data on the number of pints of ice cream sold at a local ice cream store for a 10-period time frame:

Period Demand
1 230
2 220
3 200
4 270
5 300
6 300
7 330
8 340
9 360
10 300

Use a 2-period moving average to forecast demand for period 11

Group of answer choices
350
225
330
335
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