The Excel file Unemployment Rates provides data on monthly rates for 4 years. Compare 3 and 12

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The Excel file Unemployment Rates provides data on monthly rates for 4 years. Compare 3 and 12 month moving average forecasts using the MAD criterion. Explain why the 3 month model yields better results.

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Business Analytics Methods Models and Decisions

ISBN: 978-0321997821

2nd edition

Authors: James R. Evans

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Question Posted: Dec 09, 2015 02:06 AM

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The Excel file Unemployment Rates provides data on monthly rates for 4 years. Compare 3 and 12

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Unemployment Rates Bureau of Labor Statistics Year Month Rate 3month MA MAD 01911 12month MA MAD 037...View the full answer

Business Analytics Methods Models and Decisions

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