Question: c ) Using the 3 - year weighted moving average with weights 0 . 1 0 , 0 . 3 0 , and 0 .
c Using theyear weighted moving average with weights and using for the most recent period, provide the forecast from periods through round your responses to two decimal places
Year
Forecast
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
enter your response here
Part
d Mean absolute deviation for the forecast developed using theyear moving average is and for theyear weighted moving average is Based on this information, the better forecast is achieved using the
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
