Question: Please calculate the MAD = mean absolute deviation and show all steps. Thank you! a) Using a 2-year moving average, the forecast for year 6=3750
Please calculate the MAD = mean absolute deviation and show all steps. Thank you!
a) Using a 2-year moving average, the forecast for year 6=3750 miles (round your response to the nearest whole number). b) If a 2-year moving average is used to make the forecast, the MAD based on this = miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.) a) Using a 2-year moving average, the forecast for year 6=3750 miles (round your response to the nearest whole number). b) If a 2-year moving average is used to make the forecast, the MAD based on this = miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.)
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