Question
Please assist with the tables below: The following data report total, monthly U.S. gasoline sales in millions of dollars from January 2017 to December 2018.
Please assist with the tables below:
The following data report total, monthly U.S. gasoline sales in millions of dollars from January 2017 to December 2018. (To find the data, go to the site https://www.census.gov/retail/index.html#mrts, find "Monthly Retail Trade Report," then select "Time Series/Trend Charts.")
DATA
Year Month Sales ($ Millions)
2017 Jan $34,430
2017 Feb 32,772
2017 Mar 37,422
2017 Apr 37,773
2017 May 39,539
2017 Jun 38,809
2017 Jul 38,597
2017 Aug 40,017
2017 Sep 40,146
2017 Oct 40,517
2017 Nov 38,986
2017 Dec 38,846
2018 Jan 38,023
2018 Feb 36,177
2018 Mar 41,448
2018 Apr 41,909
2018 May 46,849
2018 Jun 46,346
2018 Jul 46,791
2018 Aug 47,633
2018 Sep 44,385
2018 Oct 47,142
2018 Nov 42,039
2018 Dec 38,426
d.Evaluate a seasonally adjusted trend forecasting model. What is the MAD?(Round your answers to 3 decimal places.)
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