Question: AutoSave Off HI Module 2 Forecasting Assignment 2020 2021(2) (1) - Excel File Home Insert Page Layout Formulas Data Review View Help Search I H

AutoSave Off HI Module 2 Forecasting Assignment

AutoSave Off HI Module 2 Forecasting Assignment 2020 2021(2) (1) - Excel File Home Insert Page Layout Formulas Data Review View Help Search I H HHH Bm SmartArt Screenshot Get Add-ins b? dlo oli ".." Line Column Win/ Loss Slic Pivot Table Recommended Table Pivot Tables Pictures Online Shapes Icons Pictures 3D Models My Add-ins Maps PivotChart Recommended Charts 3D Map v Tables Illustrations Add-ins Charts Tours Sparklines E49 fax A B D E F G H | J K L M N O P 31 32 33 2. Cedar Fair operates seven amusement parks and five separately gated water parks. Its combined attendance (in thousands) for the last 20 years is given in the 34 following table. A partner asks you to forecast combined attendance for 2020 using both a regular 3-year moving average and a three-year weighted moving average (WMA), with weights of 0.2, 0.3, and 0.5 35 for successive years. Determine which forecast is more accurate using mean absolute deviation. 36 37 D Ft F 38 Attendance 3-year Error: Absolute 3-year Error: Absolute 39 Year (1000s) Moving Average E = D. - F Deviations WMA Ex = D.- Ft Deviations 40 1998 5761 41 1999 6148 42 2000 6783 43 2001 7445 44 2002 7405 45 2003 11450 46 2004 11224 47 2005 11703 48 2006 11890 49 2007 12380 50 2008 12181 51 2009 12557 52 2010 12700 53 2011 19300 54 2012 22100 55 22720 56 2014 21136 57 2015 22785 58 2016 23377 59 2017 23300 60 2018 61 62 MAD: 63 2013

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