Business
Business, 02.07.2019 23:40, jesussanchez1445

Hospitality hotels forecasts monthly labor needs. (a) given the following monthly labor figures, make a forecast for june using a three-period moving average and a five-period moving average. (round answers to 2 decimal places, e. g. 15.25.) month actual values january 35 february 46 march 39 april 42 may 44b) what would be the forecast for june using the naive method? (round answers to 2 decimal places, e. g. 15.25.) (c) if the actual labor figure for june turns out to be 47, what would be the forecast for july using each of these models? (round answers to 2 decimal places, e. g. 15.25.) (d) compare the accuracy of these models using the mean absolute deviation (mad). (round answers to 2 decimal places, e. g. 15.25.) (e) compare the accuracy of these models using the mean squared error (mse). (round answers to 2 decimal places, e. g. 15.25.)

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Hospitality hotels forecasts monthly labor needs. (a) given the following monthly labor figures, mak...

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