Question: Find the mean absolute percent error using a simple moving average model of the following table with n=1. Do not consider the forecast for the
Find the mean absolute percent error using a simple moving average model of the following table with n=1. Do not consider the forecast for the first (n1) days when evaluating the accuracy.
| Day | Wind (mph) |
| 1 | 37 |
| 2 | 32 |
| 3 | 31 |
| 4 | 32 |
| 5 | 26 |
| 6 | 26 |
| 7 | 25 |
| 8 | 36 |
| 9 | 33 |
| 10 | 45 |
| 11 | 14 |
| 12 | 12 |
| 13 | 22 |
| 14 | 26 |
| 15 | 16 |
| 16 | 16 |
| 17 | 25 |
| 18 | 32 |
| 19 | 39 |
| 20 | 46 |
| 21 | 35 |
| 22 | 31 |
| 23 | 32 |
| 24 | 37 |
| 25 | 30 |
| 26 | 24 |
| 27 | 36 |
| 28 | 15 |
| 29 | 14 |
| 30 | 41 |
| 31 | 38 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
