Practice MIDTERM 1
Please do all questions.
1. Which of the following statements is ALWAYS TRUE?
a. The sample median is more sensitive to extreme values than the mean.
b. The sample standard deviation will be larger than the mean in a ri
Forecasting Problem 4.6
a) Forecast the high temperature today, using a 3-day moving average.
b) Forecast the high temperature today, using a 2-day moving average.
c) Calculate the mean absolute deviation based on a 2-day moving