Statistical Techniques in Business and Economics
Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260579611
Author: Douglas Lind; William Marchal; Samuel Wathen
Publisher: MCGRAW-HILL HIGHER EDUCATION
Question
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Chapter 18, Problem 27CE

a.

To determine

To calculate: Five period moving average for the given time series data.

b.

To determine

To calculate: The MAD

c.

To determine

To calculate: The forecast demand for period 17 .

d.

To determine

To calculate: The error associated with seventeenth-period forecast.

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