Mean absolute deviation using moving average

Reference no: EM1320003

Daily high temperature in the city of Houston for the last week has been: 93,94,93,95,92,86,98 (Yesterday).

(a) Forecast the high temperature today using a 3-day moving average.

(b) Forecast the high temperature today using a 2-days moving average.

(c) Calculate the mean absolute deviation based on the 2-day moving average. You can have a forecast and an actual temperature.

Reference no: EM1320003

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