In: Statistics and Probability
Advanced Quantitative Business Analysis.
Question: Which method of forecasting would you recommend between 4 MA & 2 WMA? Why?
Period |
Sales |
4 MA |
Error |
|Error| |
Error^2 |
(|Err.|/A)*100 |
1 |
110 |
|||||
2 |
115 |
|||||
3 |
125 |
|||||
4 |
120 |
|||||
5 |
125 |
|||||
6 |
120 |
|||||
7 |
130 |
|||||
8 |
115 |
|||||
9 |
110 |
|||||
10 |
130 |
Weights |
0.65 |
0.35 |
2 WMA |