Month Actual 3 month moving average 6 month moving average ( 4,3,2,1,1,1) August September 19 20 October 18 November 16 December 16 January 14 February 16 March After computing for the MAD, what should be the better forecasting to use?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 23PFA
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Month
Actual
3 month moving average 6 month moving average ( 4,3,2,1,1,1)
August
September
19
20
October
18
November
16
December
16
January
February
March
14
16
After computing for the MAD, what should be the better forecasting
to use?
a. 6-month weighted moving average
O b. Exponential smoothing
O c. Naive
O d. 3-month moving average
Transcribed Image Text:Month Actual 3 month moving average 6 month moving average ( 4,3,2,1,1,1) August September 19 20 October 18 November 16 December 16 January February March 14 16 After computing for the MAD, what should be the better forecasting to use? a. 6-month weighted moving average O b. Exponential smoothing O c. Naive O d. 3-month moving average
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