Question: HW 1 Part 2- Please complete all work in excel. Use excel to make the calculations and be sure to identify your answer, including units.
HW 1 Part 2- Please complete all work in excel. Use excel to make the calculations and be sure to identify your answer, including units.
1. Home sales over a 4-month period were forecasted as follows: 189, 198, 305, and 197. The actual results over the 4-month period were as follows: 191, 206, 301, and 210. What was the MAD of the 4-month forecast?
2. The errors in a particular forecast are as follows: 2, -1, 5, 0, -3. What is the tracking signal for each period of the forecast?
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