Time series forecasting | MA(5)

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Use a moving average forecast to estimate future levels of sales. Evaluate the quality of your forecast using historical data. Calculate the Mean Error (ME), Mean Absolute Deviation (MAD), Mean Square Error (MSE) and Mean Absolute Percentage Error (MAPE). Use these metrics to discuss the bias and precision of your forecasts.
  1. Jaime Lancaster
  2. Forecasting
  3. Time series
  4. Moving average
  5. Mean error
  6. Mean absolute deviation
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