Question: Problem 1 2 - 2 ( Algo ) Given the series of demand data below Period: 1 2 3 4 5 6 7 8 9
Problem Algo
Given the series of demand data below
Period:
Demand:
Click here for the Excel Data File
a Calculate the forecasts for periods through using moving average models with n n and n
b Calculate the bias and MAD for each set of forecasts.
MAD FOR n: is for n: is and for n: is
The only thing that I need to find is THE BIAS
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