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Apply a regression-based forecasting model using the attendance from 1997-2002 (i.e., not rolling regression) to generate predictions for each month of 2003 that accounts for
Apply a regression-based forecasting model using the attendance from
1997-2002 (i.e., not "rolling regression") to generate predictions for each month of 2003 that accounts for both:
- the general downward trend in attendance and
- seasonality.
Compute the mean absolute deviation (MAD) of the forecast errors for 2003. (please round to the closest whole number)
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