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(Solved): d) Calculate the mean absolute deviation based on a 3-month moving average. The mean absolute devia ...



This exercise contains only parts \( a, b \), and \( c \).
a) Using a 2-month moving average, calculate the forecast for Marc

d) Calculate the mean absolute deviation based on a 3-month moving average.

The mean absolute deviation based on a 3-month moving average of April is $_____.

Based on the mean absolute deviation, the _______ has performed better.

This exercise contains only parts \( a, b \), and \( c \). a) Using a 2-month moving average, calculate the forecast for March and April (round your responses to two decimal places). b) Using a 3-month moving average, calculate the forecast for April. The forecast for April is \( \$ \) (round your response to two decimal places). c) Calculate the mean absolute deviation based on a 2-month average. The mean absolute deviation based on 2-month moving average of March through April is \$ (round your response to three decimal places)


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Part d: Mean Absolute Deviation (MAD) for 2-Month Moving Average formula MaD = (actual - forecast )/n MAD = |1.79-1.77| +|1.83-1.71|/2 0.995 Hence Mean Absolute Deviation (MAD) for
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