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Month Sales February 224 March 217 April 211 May 239 June 234 July 243 August 238 September 243 October 251 November 259 December 270 Month
Month | Sales |
February | 224 |
March | 217 |
April | 211 |
May | 239 |
June | 234 |
July | 243 |
August | 238 |
September | 243 |
October | 251 |
November | 259 |
December | 270 |
Month | Sales |
January | 260 |
February | 284 |
March | 280 |
April | 271 |
May | 302 |
June | 286 |
July | 297 |
August | 301 |
September | 309 |
October | 314 |
a. Calculate the nave estimator, which is Sales t = Sales t 1 .b. Calculate the two-period and three-period moving averages.c. Calculate the mean absolute deviation for each of the forecasting methods.
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