Question: [8] 5. Given the following data: [12] a) Calculate the Naive and three-year moving averages for years 4 through 8 b) Compute MAD for each

[8] 5. Given the following data: [12] a)
[8] 5. Given the following data: [12] a) Calculate the Naive and three-year moving averages for years 4 through 8 b) Compute MAD for each forecast. Which model is more accurate? Year Demand 84 2. 3 4 5 6 7 8 100 69 101 150 108 120 105 DOLL

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