Question

Consider the following: period 1, 2, 3, 4, 5, 6, 7, 8 demand 7, 8, 9,...

Consider the following:

period 1, 2, 3, 4, 5, 6, 7, 8

demand 7, 8, 9, 10, 14, 16, 13, 16

a. using a trend projection, forecast the demand for period 9

b. calculate the MAD for this forecast

Show all work! do not use excel or phstat!!!

Math   Statistics-And-Probability   
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