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For Scandium. What was the tonnage demand (or tonnage production) for at least the last 8 years (2021-2013)? Apply the Moving Average Forecasting Method and
For Scandium.
What was the tonnage demand (or tonnage production) for at least the last 8 years (2021-2013)?
Apply the Moving Average Forecasting Method and forecast the 2023 demand (production) for your assigned Critical Mineral using n = 3,4,5,6,7, and 8. Present your results in Table form with the following 3 column headings namely, n, forecast and MAD and graph MAD vs. n.
Which n value do you recommend to any one studying your Critical Mineral?
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