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Ed Rogers Owns an Appliance Store

Question 3

Essay

Ed Rogers owns an appliance store. Sales data on a particular model of a DVD player for the past six months are shown below along with the results of two different forecasting models that were developed. Ed Rogers owns an appliance store. Sales data on a particular model of a DVD player for the past six months are shown below along with the results of two different forecasting models that were developed. Which is the better forecasting model, based on the MAD criterion? Which is the better forecasting model, based on the MAD criterion?

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