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Homework 11 (Chpt 15) instructions I help Question 15 (of 15) Save& Exit! Submit

ID: 367917 • Letter: H

Question

Homework 11 (Chpt 15) instructions I help Question 15 (of 15) Save& Exit! Submit value: 1.00 points PA 15-7 Mary, Susan, and Sarah are running a beach... Mary, Susan, and Sarah are running a beach boutique on the board walk of Ocean City. Their favorite product is a red lifeguard hoody. Mary believes it will sell 335 times next season. Susan forecasts sales of 522, and Sarah forecasts 175 What would be the result of a simple forecast combination? (Round to two decimal places) References eBook & Resource Worksheet Difficulty: 2 Medium PA 1 Susan, and Sarah are running a beach.. 5-7 Mary, Learning Objective 15-06 Use expert panels to forecast and be aware of problems related to subjective forecasts ec

Explanation / Answer

Solution :

Result of simple forecast combination = (335 + 522 + 175) / 3 = 344nos