Daily high temperatures in St. Louis for the last week were as follows: 93, 94, 93, 95, 96, 88, 90
Question:
(a) Forecast the high temperature today, using a 3-day moving average.
(b) Forecast the high temperature today, using a 2-day moving average.
(c) Calculate the mean absolute deviation based on a 2-day moving average.
(d) Compute the mean squared error for the 2-day moving average.
(e) Calculate the mean absolute percent error for the 2-day moving average.
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Question Posted: July 15, 2013 04:45:16