Using the five most recent years and the "Forecasting Template" spreadsheet provided, complete the forecasts for the next two periods and provide updated Totals and Average Bias, median absolute deviation (MAD), mean squared error (MSE), and mean absolute percentage error (MAPE) for all four charts. Provide a Summary Page in Excel with a 500-750 word report on the analysis completed by the forecasting models. Include review of error, recommendations on the best forecasting model to use, and analysis of the business trend data for new business startup in the United States.
Recently Asked Questions
- Please refer to the attachment to answer this question. This question was created from Chapter 8.
- Discuss your understanding of institutionalization of change. In your discussion, indicate how organizational characteristics affect institutionalization
- McKenna Sports Authority is getting ready to produce a new line of gold clubs by investing $1.85 million. The investment will result in additional cash flows