A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted: FORECAST ACTUAL April 256 206 May 330 248 June 406 323 July 355 306 August 380 332 September 456 407 Find tracking signal for each month. (Round to nearest whole number) Does the model used here give acceptable answers?
A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted: FORECAST ACTUAL April 256 206 May 330 248 June 406 323 July 355 306 August 380 332 September 456 407 Find tracking signal for each month. (Round to nearest whole number) Does the model used here give acceptable answers?
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
ChapterP: Prerequisites
SectionP.FOM: Focus On Modeling: Making The Best Decisions
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A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted:
FORECAST ACTUAL
April 256 206
May 330 248
June 406 323
July 355 306
August 380 332
September 456 407
- Find tracking signal for each month. (Round to nearest whole number)
- Does the model used here give acceptable answers?
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