Question

If you made a forecast for week 19, based on a 3 week weighted moving average, with oldest data to most recent data weighted 0.20, 0.30, and 0.50, respectively, how much would your forecast be different from the actual jobless claims?

Answer 1

The AICPA Guide Audit Sampling portrays two worthy strategies for anticipating the measure of error found in a none factual specimen, apportion projection and distinction projection. Proportion projection decides the measure of error by isolating the measure of misquoting by the level of the dollars of the populace incorporated into the specimen.