The details of clock sales at a supermarket for the past 6 weeks areshown in the table below. The time series appears to berelatively stable, without trend, seasonal, or cyclical effects. Thesimple moving average value of k is set at 2.Week123456Units Sold15181316152-periodMovingAverageN/AN/A16.515.514.5Error-3.50XX0.5AbsoluteError3.500.50.5?MADWhat is the mean absolute deviation (MAD) of the above forecast?What is the error for week 4?

Answered: relatively stable, without trend,…

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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relatively stable, without trend, seasonal, or cyc simple moving average value of k is set at 2. Week 2-period Units Sold Moving Average Error