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The table below presents the actual monthly sales for a company over the first six months of 1986. Using a 3-month moving average, the mean absolute error for this forecast is Months Actual Sales January 1986 270 February 1986 263 March 1986 275 April 1986 262 May 1986 250 June 1986 278

The table below presents the actual monthly sales for a company over the first six months of 1986. Using a 3-month moving average, the mean absolute error for this forecast is Months Actual Sales January 1986 270 February 1986 263 March 1986 275 April 1986 262 May 1986 250 June 1986 278

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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The table below presents the actual monthly sales for a company over the first six months of 1986. Using a 3-month moving average, the mean absolute error for this forecast is Months Actual Sales January 1986 270 February 1986 263 March 1986 275 April 1986 262 May 1986 250 June 1986 278 13.22 2.78 -2.78 192.33 15.65
Transcribed Image Text:The table below presents the actual monthly sales for a company over the first six months of 1986. Using a 3-month moving average, the mean absolute error for this forecast is Months Actual Sales January 1986 270 February 1986 263 March 1986 275 April 1986 262 May 1986 250 June 1986 278 13.22 2.78 -2.78 192.33 15.65
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