STAT TECH IN BUSINESS & ECON AC
STAT TECH IN BUSINESS & ECON AC
18th Edition
ISBN: 9781264731657
Author: Lind
Publisher: MCG
Question
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Chapter 18, Problem 27CE

a.

To determine

To calculate: Five period moving average for the given time series data.

b.

To determine

To calculate: The MAD

c.

To determine

To calculate: The forecast demand for period 17 .

d.

To determine

To calculate: The error associated with seventeenth-period forecast.

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Find the MSE in part (b) please.
the values of alabama building contracts (in $ millions) for a 12-month period follow.240 350 230 260 280 320 220 310 240 310 240 230a. construct a time series plot. What type of pattern exists in the data?
Please answer part B and C
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