Question: Compute a forecast for period 11 to 15 using method of moving averages with 3 months of observations in each average. Compute the MAD for
Compute a forecast for period 11 to 15 using method of moving averages with 3 months of observations in each average. Compute the MAD for these forecasts.
| Period | Netherland Index of production |
| 1 | 100 |
| 2 | 99 |
| 3 | 96 |
| 4 | 95 |
| 5 | 94 |
| 6 | 98 |
| 7 | 98 |
| 8 | 96 |
| 9 | 97 |
| 10 | 98 |
| 11 | 96 |
| 12 | 95 |
| 13 | 96 |
| 14 | 97 |
| 15 | 99 |
| 16 | 99 |
| 17 | 95 |
| 18 | 94 |
| 19 | 89 |
| 20 | 100 |
| 21 | 90 |
| 22 | 87 |
| 23 | 89 |
| 24 | 93 |
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