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20 14 exam 2014 Oct 7.8 Clear all 2014 Nov 7.7 2014 Dec 7.9loving average for Unemployment rate decimal rounded to 2012 Nov 9.6 2012

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20 14 exam 2014 Oct 7.8 Clear all 2014 Nov 7.7 2014 Dec 7.9loving average for Unemployment rate decimal rounded to 2012 Nov 9.6 2012 Dec 9.2 2013 Jan 9.1 2013 Feb 9.2 2013 Mar 8.8 2013 Apr 8.9 2013 May 9.1 2013 Jun 9.1 2013 Jul 8.8 2013 Aug 9.2 2013 Sep 8.8 2013 Oct 8.9 2013 Nov 8.8 2013 Dec 8.4 2014 Jan 8.2 2014 Feb 8.4 2014 Mar 8.1 2014 Apr 8.1 2014 May 8.2 View an exam 2014 Jun 8.1 2014 Jul 8.2 Clear all 2014 Aug 7.9 2014 Sep 7.7verage fo Unemployment rate rounded to Year Month Rate (%) 2011 Jan 7.7 2011 Feb 8.5 2011 Mar 8.9 2011 Apr 9.1 2011 May 9.3 2011 Jun 9.6 2011 Jul 9.7 2011 Aug 9.7 2011 Sep 9.9 2011 Oct 10.1 2011 Nov 10.1 2011 Dec 9.9 2012 Jan 9.8 2012 Feb 9.7 2012 Mar 9.7 2012 Apr 9.8 2012 May 9.5 2012 Jun 9.4 lew an exam 2012 Jul 9.6 2012 Aug 9.4 Clear all 2012 Sep 9.7 2012 Oct 9.6Save The accompanying dataset provides data on monthly unemployment rates for a certain region over four years. Compare 3- and 12-month moving average forecasts using the MAD criterion. Which of the two models yields better results? Explain. Click the Icon to view the unemployment rate data Find the MAD for the 3-month moving average forecast. MAD =(Type an integer or decimal rounded to three decimal places as needed.)

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