Using the table below creating a 3-year and 4-year moving average and predict sales for 2008. Find the mean absolute deviation (MAD) for both the 3 and 4 year moving averages.( MAD=Σ | Error | n
Using the table below creating a 3-year and 4-year moving average and predict sales for 2008. Find the mean absolute deviation (MAD) for both the 3 and 4 year moving averages.( MAD=Σ | Error | n
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Problem 1P
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![Using the table below creating a 3-year and 4-year moving average and predict sales for
2008. Find the mean absolute deviation (MAD) for both the 3 and 4 year moving
averages.(
MAD= Error
Year
2001
2002
2003
2004
2005
2006
2007
2008
n
Sales
2030
2155
2382
2412
2606
2892
3018
3-Year Moving
Average
MAD 3-Year Moving Average
MAD 4-Year Moving Average
Absolute Error
3-year Moving
Average
4-Year Moving
Average
Absolute Error
4-Year Moving
Average](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F52ad3950-d45d-4238-a019-75985d810068%2Fce1bc1bd-bc20-4bdd-8aee-c2861862fc31%2Fl0kf85_processed.png&w=3840&q=75)
Transcribed Image Text:Using the table below creating a 3-year and 4-year moving average and predict sales for
2008. Find the mean absolute deviation (MAD) for both the 3 and 4 year moving
averages.(
MAD= Error
Year
2001
2002
2003
2004
2005
2006
2007
2008
n
Sales
2030
2155
2382
2412
2606
2892
3018
3-Year Moving
Average
MAD 3-Year Moving Average
MAD 4-Year Moving Average
Absolute Error
3-year Moving
Average
4-Year Moving
Average
Absolute Error
4-Year Moving
Average
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