Question: Bill has use four different techniques and got the following MAD vales, which technique will provide Bill the best forecast? A. Moving average, MAD =

Bill has use four different techniques and got the following MAD vales, which technique will provide Bill the best forecast?

A. Moving average, MAD = 12.7

B. Exponential smoothing, MAD = 9.8

C. Exponential smoothing with trend, MAD = 8.2

D. Trend analysis, MAD = 9.4

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!