Statistics Solutions

[Solution] Weekly sales of copy paper at Cubicle Suppliers are in the table below. Forecast week 8 with a three period moving average and with a four period

Question: Weekly sales of copy paper at Cubicle Suppliers are in the table below. Forecast week 8 with a three period moving average and with a four period moving average. Compute MAD for each forecast. Which model is more accurate?

Week Sales (cases)
1 17
2 22
3 27
4 32
5 19
6 18
7 22


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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


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