Question: Answer the following questions using the data from the Excel file chlorine.xlsx described in Problem 16.32. a. Forecast the tons of chlorine shipped each day
Answer the following questions using the data from the Excel file chlorine.xlsx described in Problem 16.32.
a. Forecast the tons of chlorine shipped each day next week using multiplicative decomposition.
b. Interpret the meaning of the seasonal components.
c. Calculate the MAD for this forecast.
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