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The following time series shows the number of units of a particular product sold over the past six months. Compute the MAD for the 3-month
The following time series shows the number of units of a particular product sold over the past six months. Compute the MAD for the 3-month simple moving average.
Month | Units Sold(Thousands) |
1 | 8 |
2 | 3 |
3 | 4 |
4 | 5 |
5 | 12 |
6 | 10 |
a) 28.67
b) 24.33
c) 42.75
d) 3.67
e) 21.50
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