Question: Based on your forecasts above, calculate MAD for both MA 3 and exponential smoothing, and determine which method provides better forecast?
Based on your forecasts above, calculate MAD for both MA and exponential smoothing, and
determine which method provides better forecast?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
