Compute the best combined forecast

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An experienced marketing specialist has an error variance of 4.5 while a computer model has an error variance of 5.6. The expert predicts 210 as the sales volume for the next time period, while the computer algorithm predicts 214. Compute the best combined forecast.

Reference no: EM131439495

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Compute the best combined forecast : An experienced marketing specialist has an error variance of 4.5 while a computer model has an error variance of 5.6. The expert predicts 210 as the sales volume for the next time period, while the computer algorithm predicts 214. Compute the best co..

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