A simple forecasting method for weekly sales of flash drives used by a localcomputer dealer is to form the average of the two most recent sales figures. Suppose sales for the drives for the past 12 weeks wereWeek: 1 2 3 4 5 6 7 8 9 10 11 12Sales: 86 75 72 83 132 65 110 90 67 92 98 73 What is the estimate of the standard deviation of forecast error obtained from the data given above?
A simple forecasting method for weekly sales of flash drives used by a localcomputer dealer is to form the average of the two most recent sales figures. Suppose sales for the drives for the past 12 weeks wereWeek: 1 2 3 4 5 6 7 8 9 10 11 12Sales: 86 75 72 83 132 65 110 90 67 92 98 73 What is the estimate of the standard deviation of forecast error obtained from the data given above?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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A simple forecasting method for weekly sales of flash drives used by a local
computer dealer is to form the average of the two most recent sales figures. Suppose sales for the drives for the past 12 weeks were
Week: 1 2 3 4 5 6 7 8 9 10 11 12
Sales: 86 75 72 83 132 65 110 90 67 92 98 73
What is the estimate of the standard deviation of forecast error obtained from the data given above?
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