Daily high temperatures in St. Louis for the last week were as follows: 93, 94, 93, 95, 96, 88, 90

Question:

Daily high temperatures in St. Louis for the last week were as follows: 93, 94, 93, 95, 96, 88, 90 (yesterday).
(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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Related Book For  answer-question

Operations management

ISBN: 978-0132163927

10th edition

Authors: Jay Heizer, Barry Render

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Question Posted: July 15, 2013 04:45:16