Give an application of barometric forecasting

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Reference no: EM132559182

Q.1. (a) For the following data, construct a table for 2 months moving average forecast values:

Month Revenues

1 1000

2 1090

3 1093

4 1340

5 1397

6 1409

7 1411

8 1647

Additionally, calculate mean average deviation and RMSE or root mean square error.

(b) give an application of 'barometric forecasting' in any Indian state government?

Reference no: EM132559182

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