d. Evaluate a seasonally adjusted trend forecasting model. What is the MAD? (Round your answers to 4 decimal places.) $ Sales (Milions) Month Number 1 2 3 4 6 6 7 8 9 10 11 12 1 2 3 4 6 6 7 8 9 10 11 12 1 2 3 4 6 6 7 8 9 10 11 12 1 2 3 1 2 3 4 S 1.528 787 779 769 838 773 747 6 7 1,564 1,124 8 775 802 1.316 1,446 751 767 769 841 9 10 764 729 1,057 749 763 1,217 1,331 769 794 770 847 Average monthly bend in bookstore sales 787 761 1,424 1,046 801 828 1,319 1,204 726 745 Period 1 2 3 4 6 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 30 31 32 34 MAD What is the average monthly trend in book-store sales? (Negative amounts should be indicated by a minus sign. Round your 4. What are the monthly indexes? (Round your answers to 4 decimal places) 36 37 38 39 Trend Index Forecast Absolute
d. Evaluate a seasonally adjusted trend forecasting model. What is the MAD? (Round your answers to 4 decimal places.) $ Sales (Milions) Month Number 1 2 3 4 6 6 7 8 9 10 11 12 1 2 3 4 6 6 7 8 9 10 11 12 1 2 3 4 6 6 7 8 9 10 11 12 1 2 3 1 2 3 4 S 1.528 787 779 769 838 773 747 6 7 1,564 1,124 8 775 802 1.316 1,446 751 767 769 841 9 10 764 729 1,057 749 763 1,217 1,331 769 794 770 847 Average monthly bend in bookstore sales 787 761 1,424 1,046 801 828 1,319 1,204 726 745 Period 1 2 3 4 6 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 30 31 32 34 MAD What is the average monthly trend in book-store sales? (Negative amounts should be indicated by a minus sign. Round your 4. What are the monthly indexes? (Round your answers to 4 decimal places) 36 37 38 39 Trend Index Forecast Absolute
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Author:Amos Gilat
Publisher:Amos Gilat
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Related questions
Question
![d. Evaluate a seasonally adjusted trend forecasting model. What is the MAD? (Round your answers to 4 decimal places.)
$ Sales
(Millions)
Absolute
Error
Month Number
1
2
3
4
5
6
7
8
9
10
11
12
1
2
3
4
5
6
7
8
9
10
11
12
1
2
3
4
5
6
7
8
9
10
11
12
1
2
3
7
8
1,528
787
779
10
11
12
769
838
773
747
1,584
1,124
775
802
1,316
1,446
751
767
769
841
764
729
Index
1,434
1,057
749
763
1,217
1,331
769
794
770
847
787
761
1,424
1,046
801
828
1,319
1,204
726
745
Period
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
30
31
32
33
34
35
36
37
38
39
Trend
What is the average monthly trend in book-store sales? (Negative amounts should be indicated by a minus sign. Round your
answer to 4 decimal places)
Average monthly trend in bookstore sales
-1. What are the monthly indexes? (Round your answers to 4 decimal places)
Month
1
2
3
4
5
6
Index
million dollars per month
Forecast
MAD-](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F52466bf7-0af2-4f03-bb5e-0863885427f1%2F95142649-0625-465f-986d-f16527b08f75%2Fh2jmtl_processed.png&w=3840&q=75)
Transcribed Image Text:d. Evaluate a seasonally adjusted trend forecasting model. What is the MAD? (Round your answers to 4 decimal places.)
$ Sales
(Millions)
Absolute
Error
Month Number
1
2
3
4
5
6
7
8
9
10
11
12
1
2
3
4
5
6
7
8
9
10
11
12
1
2
3
4
5
6
7
8
9
10
11
12
1
2
3
7
8
1,528
787
779
10
11
12
769
838
773
747
1,584
1,124
775
802
1,316
1,446
751
767
769
841
764
729
Index
1,434
1,057
749
763
1,217
1,331
769
794
770
847
787
761
1,424
1,046
801
828
1,319
1,204
726
745
Period
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
30
31
32
33
34
35
36
37
38
39
Trend
What is the average monthly trend in book-store sales? (Negative amounts should be indicated by a minus sign. Round your
answer to 4 decimal places)
Average monthly trend in bookstore sales
-1. What are the monthly indexes? (Round your answers to 4 decimal places)
Month
1
2
3
4
5
6
Index
million dollars per month
Forecast
MAD-
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