Question: Consider the following time series. a ) Using a trend projection, forecast the demand for Period 9 . b ) Calculate the MAD for this
Consider the following time series.
a Using a trend projection, forecast the demand for Period
b Calculate the MAD for this forecast.
a The forecasted demand for Period is
Type an integer or decimal rounded to one decimal place as needed.
b MAD
Please break down the formula needed to for the forcast column before I would use abs formula.
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
