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In: Statistics and Probability

Advanced Quantitative Business Analysis. Question: Which method of forecasting would you recommend between 4 MA &...

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

Solutions

Expert Solution


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