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 |