Question: Using the following data: 1) Forecast period 8 using the moving average technique: n=3 Answer: 2) Suppose this forecast results in an error of -2
Using the following data: 1) Forecast period 8 using the moving average technique: n=3 Answer: 2) Suppose this forecast results in an error of -2 units. Forecast period 9: n=3 Answer: 3) Forecast period 8 using the cumulative mean technique (1 points)
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