Question: #7 Using the data below, what is the value of RMSE? Week Time Series Value Forecast 1 3 4.00 2 5 3.00 3 2 8.00
#7
Using the data below, what is the value of RMSE?
| Week | Time Series Value | Forecast |
| 1 | 3 | 4.00 |
| 2 | 5 | 3.00 |
| 3 | 2 | 8.00 |
| 4 | 8 | 4.00 |
Submit
Answer format: Number: Round to: 2 decimal places.
#9
Using the data below, what is the value of the absolute percent error for week 3?
| Week | Time Series Value | Forecast |
| 1 | 7 | 3.00 |
| 2 | 5 | 3.00 |
| 3 | 4 | 8.00 |
| 4 | 3 | 4.00 |
Submit
Answer format: Number: Round to: 2 decimal places.
#11
Using the data below, what is the weighted moving average forecast for the 4th week?
The weights are .20, .30, .50 (oldest period to most recent period)
| Week | Time Series Value |
| 1 | 14.00 |
| 2 | 23.00 |
| 3 | 6.00 |
| 4 | 16.00 |
Submit
Answer format: Number: Round to: 1 decimal places.
#12
Using the data below, what is the simple exponential smoothing forecast for the 3rd week where =0.3?
| Week | Time Series Value |
| 1 | 5.00 |
| 2 | 7.00 |
| 3 | 7.00 |
| 4 | 3.00 |
Submit
Answer format: Number: Round to: 1 decimal places.
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