Question: Consider using a simple moving average model. Experiment with models using fi ve weeks and three weeks past data. The past data in each region
Consider using a simple moving average model. Experiment with models using fi ve weeks’ and three weeks’ past data.
The past data in each region is given below (week 1 is the week before week 1 in the table, 2 is two weeks before week 1, etc.). Evaluate the forecasts that would have been made over the 13 weeks using the mean absolute deviation, mean absolute percent error, and tracking signal as criteria.
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