Question: Problem 1 0 - 2 ( LO 1 0 - 3 ) The number of daily calls... The number of daily calls for the repair
Problem LO The number of daily calls...
The number of daily calls for the repair of Speedy copy machines has been recorded as follows.
October Calls
Round all answers to decimal place.
a Prepare threeperiod movingaverage forecasts for the data. What is the error on each day?
b Prepare threeperiod weightedmovingaverage forecasts using weights of W W W What is the error on each day?
c Calculate the arithmetic sum of errors and the absolute deviation for both methods.
Which of the two forecasts is better?
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