Question: It appears that you have a forecasting assignment utilizing the Excel UnitedDairies dataset. You will have to use a variety of forecasting techniques and calculate

It appears that you have a forecasting assignment utilizing the Excel "UnitedDairies" dataset. You will have to use a variety of forecasting techniques and calculate the Mean Absolute Error (MAE) and Mean Absolute Percentage Error (MAPE) to gauge how accurate your predictions are. Here's how to handle this work in Excel step-by-step:
Open MS Excel after logging up with your student email.
The "UnitedDairies" dataset should load.
Utilize weeks 1 through 12's sales data that is supplied.
From the list of available forecasting techniques, select two: nave, average of previous values, moving average with k =4, or exponential smoothing.
Make projections for each of the 12 weeks utilizing the chosen techniques.
Calculate the mean absolute difference (MAE) between the predicted and actual values for every forecasting method.
Use the formula:
where Fi is the forecasted value and Ai is the actual value.
Explanation:
Use the formula:
where Fi is the forecasted value and Ai is the actual valu

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