Question: Write a report based on the Mad and Mas advising on which techniques of forecasting should be use, based on the analysis of forecasted errors,

Write a report based on the Mad and Mas advising on which techniques of forecasting should be use, based on the analysis of forecasted errors, in forecasting the variables of interest for the next budget cycle or financial year.

Unweighted moving average

Mad 3.316737025

Mas 17.156334749

Exponential smoothing

Mad 3.114746

Mas 15.867818

Trend line

Mad 2.52772395

Mas 11.87535358

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