Question: Problem #8: Complete in Excel as much as possible Please. (Compute MAD: Mean Absolute Deviation for the forecast part) 8. Air travel on Mountain Airlines

Problem #8: Complete in Excel as much as possible Please. (Compute MAD: Mean Absolute Deviation for the forecast part)

Problem #8: Complete in Excel as much as possible

8. Air travel on Mountain Airlines for the past 18 weeks was: (continued) Chapter Three Forecasting a. Explain why an averaging technique would not be appropriate for forecasting. b. Use an appropriate technique to develop a forecast for the expected number of passengers for the next three weeks

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