What would be the estimated demand on quarter

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Gamboa Log needs your group help to forecast its services demand for next quarter. The company provided your group the shown history of its service demand, in dollars terms. Your group has three models in mind that could help Gamboa Log estimate the demand of its services. These are: a moving average with n=3, a simple exponential smoothing model with α=0.3 or a linear regression model. Using the MAD criterion, what would be the estimated demand on Quarter 14?

Reference no: EM131128428

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