Question: please amswer the questions in the image below ASAP!!! thanks Chapter 4 Three-time horizon categories of forecasts and examples of activities planned during each time
Chapter 4 Three-time horizon categories of forecasts and examples of activities planned during each time horizon category. What is time-series data and what are examples or behaviors? Be able to calculate the following forecasts: nave, moving average, weighted moving average. What are the advantages and disadvantages of each of the above techniques? What is mean absolute deviation (MAD) and what is the purpose? Be able to calculate MAD. Chapter 4 Three-time horizon categories of forecasts and examples of activities planned during each time horizon category. What is time-series data and what are examples or behaviors? Be able to calculate the following forecasts: nave, moving average, weighted moving average. What are the advantages and disadvantages of each of the above techniques What is mean absolute deviation (MAD) and what is the purpose? Be able to calculate MAD
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