If you made a forecast for Week 18, based on a 3 week weighted moving average, with oldest data to most recent data weighted 0.20, 0.30, and 0.

If you made a forecast for Week 18, based on a 3 week weighted moving average, with oldest data to most recent data weighted 0.20, 0.30, and 0.50, respectively, how much would your forecast be different from the actual jobless claims?

Week

Jobless claims

(in thousands)

1

400

2

393

3

392

4

396

5

404

6

385

7

368

8

366

9

387

10

375

11

402

12

355

13

379

14

373

15

361

16

351

17

353

18

351

19