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table is used foe the question Refer to Figure 16. Calculate a three period moving average forecast for the months of July, August, and September
table is used foe the question
Refer to Figure 16. Calculate a three period moving average forecast for the months of July, August, and September 2011. Using the pbserved data and your forecasted values, calculate the MAPE for this forecasting method over those three months. Select the correct answer from the list given. 0.07% 2.45% O3.33% 6.0% 6.7% O7.35% Figure 16. Observed unemployment rates for a twelve month period are shown in the table below. Year 2010 2011 Month Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Unemployment Rate (%) 8.6 8.7 8.7 8.9 9.0 9.1 9.4 9.3 9.3 9.0 9.1 8.9 Step by Step Solution
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