4) the accompanying dataset provides data on monthly unemployment rates for a certain region over four years. Compare 3- and 12- month moving average forecast using the MAD criterion. Which of the two models yields better results? (See picture) Find the MAD for the 3 month moving average forcast. MAD = _____
4) the accompanying dataset provides data on monthly unemployment rates for a certain region over four years. Compare 3- and 12- month moving average forecast using the MAD criterion. Which of the two models yields better results? (See picture) Find the MAD for the 3 month moving average forcast. MAD = _____
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 2E
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4) the accompanying dataset provides data on monthly unemployment rates for a certain region over four years. Compare 3- and 12- month moving average forecast using the MAD criterion. Which of the two models yields better results? (See picture)
Find the MAD for the 3 month moving average forcast.
MAD = _____
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