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Construct a k-period simple moving average for the rides variable, where k is chosen based on your assessment of the seasonality patterns in the data. Explain your choice of k and report MSE, MAD, and MAPE for this forecasting model.

Use RStudio to answer the following questions. Provide your written answers, along with any relevant tables and charts, in a single PDF file. Any charts included in your report should be properly labeled and formatted for an audience of company executives. Do not include R code in your PDF report. RMarkdown is not required or […]

Establish the forecasting method (from readings). Decide on the balance between subjective and objective data and look for trends and seasonality.

Choose 3 quantitative elements from the Starbucks Develop forecasts by implementing the following approach: 1. Collect data, including old demand forecast (subjective data) and the actual demand outcomes. 2. Establish the forecasting method (from readings). Decide on the balance between subjective and objective data and look for trends and seasonality. 3. Forecast future demand using […]

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