Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Using a 3 - month moving average, the forecast for periods 1 1 and 1 2 is ( round your responses to two decimal places
Using amonth moving average, the forecast for periods and is round your responses to two decimal places:
Month
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Forecast
$
Part
c The mean absolute deviation based on amonth moving average of March through December is $
round your response to three decimal places
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started