Question: #13 Using the data below, calculate the squared error for the 4th week. Use the 2 period moving average to create the forecast. Week Time
#13
Using the data below, calculate the squared error for the 4th week. Use the 2 period moving average to create the forecast.
| Week | Time Series Value |
| 1 | 10.00 |
| 2 | 21.00 |
| 3 | 14.00 |
| 4 | 13.00 |
Submit
Answer format: Number: Round to: 1 decimal places.
#14
Using the data below, calculate the bias based on using the nave forecast method.
| Week | Time Series Value |
| 1 | 15.00 |
| 2 | 6.00 |
| 3 | 16.00 |
| 4 | 6.00 |
Submit
Answer format: Number: Round to: 1 decimal places.
#15
Using the data below and the SES forecast =0.3 , what is the error for the 3rd week?
| Week | Time Series Value |
| 1 | 22.00 |
| 2 | 24.00 |
| 3 | 21.00 |
| 4 | 6.00 |
Submit
Answer format: Number: Round to: 1 decimal places.
#16
Using the data below, what is the value of MAD?
| Week | Time Series Value | Forecast |
| 1 | 6 | 2.00 |
| 2 | 5 | 7.00 |
| 3 | 4 | 4.00 |
| 4 | 7 | 4.00 |
Submit
Answer format: Number: Round to: 2 decimal places.
#17
Using the data below, what is the simple exponential smoothing forecast for the 4th week where =0.4?
| Week | Time Series Value |
| 1 | 6.00 |
| 2 | 4.00 |
| 3 | 6.00 |
| 4 | 6.00 |
Submit
Answer format: Number: Round to: 1 decimal places.
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