Determine the mad for the three-month or three years


Collect data on sales from any retail store of choosing for the last 10 years or 10 months. Calculate the sale for the 11th month or 11th year using a 3-month moving average and a 4-month moving average. Determine the MAD for the 3-month or 3yr and 4month/yr moving average. Which of them yields the best forecast? Use spreadsheet to show your calculation.

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Macroeconomics: Determine the mad for the three-month or three years
Reference No:- TGS0871039

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