Part 3: Forecast Accuracy Suppose that four of the year's five events are complete and you have actual attendance data for those events. Use the MAD metric to determine which of your forecasting models is best. I 2022 Attendance (to date) Spring Fling = 515 Mountain Mayhem = 480 Forks & Fireworks = 530 FreeFall Ride = 485 Winter Wheels = 382 www

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
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Part 3: Forecast Accuracy
Suppose that four of the year's five events are complete and you have actual attendance data
for those events. Use the MAD metric to determine which of your forecasting models is best.
2022 Attendance (to date)
Spring Fling = 515
Mountain Mayhem = 480
Forks & Fireworks = 530
FreeFall Ride = 485
Winter Wheels = 382
www
I
Transcribed Image Text:Part 3: Forecast Accuracy Suppose that four of the year's five events are complete and you have actual attendance data for those events. Use the MAD metric to determine which of your forecasting models is best. 2022 Attendance (to date) Spring Fling = 515 Mountain Mayhem = 480 Forks & Fireworks = 530 FreeFall Ride = 485 Winter Wheels = 382 www I
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