Question: Calculate the mean absolute deviation ( MAD ) for the forecasts made by each technique in April through December. Which forecasting method do you prefer?
Calculate the mean absolute deviation MAD for the forecasts made by each technique in April through December. Which forecasting method do you prefer? Round your answer to decimal places
a Exponential smoothing method alpha
bmonth weighted moving average
cmonth weighted moving average
dmonth moving average
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
