A simple forecasting method for weekly sales of flash drives used by a localcomputer dealer is to form the average of the two most recent sales figures. Suppose sales for the drives for the past 12 weeks wereWeek: 1 2 3 4 5 6 7 8 9 10 11 12Sales: 86 75 72 83 132 65 110 90 67 92 98 73 What is the estimate of the standard deviation of forecast error obtained from the data given above?
A simple forecasting method for weekly sales of flash drives used by a localcomputer dealer is to form the average of the two most recent sales figures. Suppose sales for the drives for the past 12 weeks wereWeek: 1 2 3 4 5 6 7 8 9 10 11 12Sales: 86 75 72 83 132 65 110 90 67 92 98 73 What is the estimate of the standard deviation of forecast error obtained from the data given above?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A simple forecasting method for weekly sales of flash drives used by a local
computer dealer is to form the average of the two most recent sales figures. Suppose sales for the drives for the past 12 weeks were
Week: 1 2 3 4 5 6 7 8 9 10 11 12
Sales: 86 75 72 83 132 65 110 90 67 92 98 73
What is the estimate of the standard deviation of forecast error obtained from the data given above?
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