Question: d) Calculate the mean absolute deviation based on a 3-month moving average. The mean absolute deviation based on a 3-month moving average of April is

d) Calculate the mean absolute deviation based on a 3-month moving average.
The mean absolute deviation based on a 3-month moving average of April is $_____.
Based on the mean absolute deviation, the _______ has performed better.
This exercise contains only parts a,b, and c. a) Using a 2-month moving average, calculate the forecast for March and April (round your responses to two decimal places). b) Using a 3-month moving average, calculate the forecast for April. The forecast for April is $ (round your response to two decimal places). c) Calculate the mean absolute deviation based on a 2-month average. The mean absolute deviation based on 2-month moving average of March through April is \$ (round your response to three decimal places)Step by Step Solution
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