Use the linear trend method to forecast jobs

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Show all calculations in answering the following questions. a. Use the linear trend method to forecast jobs in August. b. Use a weighted three-month moving average, with weights of .5, .33 and .17 to forecast August jobs. c. Using the Mean Absolute Deviation for forecasts for May through July, explain which of these methods is likely to produce the most accurate forecast for August.

Reference no: EM131725704

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