Question: Calculate the mean absolute deviation based on a 2 - day moving average. MAD is the average of absolute error. For determining the MAD for

Calculate the mean absolute deviation based on a2-day moving average.
MAD is the average of absolute error. For determining the MAD for a forecast developed using a2-day moving average, the average will be over
5
observations.
Part 7
The mean absolute deviation based on a2-day moving averageequals
2.7 degrees (round your response to one decimal place).

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 General Management Questions!