Use the table Television Sales Time Series to answer the questions below. Part (a): What is the
Question:
Part
(a): What is the project sales for Day 16 using a 3-day moving average? Part
(b): What is the project sales for Day 16 using a 6-day moving average? Part
(c): Use the mean absolute deviation (MAD) and mean square error (MSE) to determine which average provides the better forecast.
Transcribed Image Text:
Television Sales Time Series in thousands) av ales av ales 6.0 7.0 7.0 6.5 8.0 7.0 9.0 4.0 10 6.0 7.0 8.5 8.0 7.0 7.5 12 13 14 15
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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