Forecast for first quarter of year 6. Mean Squared Error (MSE) Mean Absolute Percentage Error (MAPE) Forecast
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Question:
Forecast forfirstquarter of year 6. | |
Mean Squared Error (MSE) | |
Mean Absolute Percentage Error (MAPE) |
Forecast forfirstquarter of year 6. | |
Mean Squared Error (MSE) | |
Mean Absolute Percentage Error (MAPE) |
Optimal = | |
Forecast forfirstquarter of year 6. | |
Mean Absolute Percentage Error (MAPE) for the optimal |
Forecast forfirstquarter of year 6. | |
Mean Squared Error (MSE) | |
Mean Absolute Percentage Error (MAPE) |
Optimal = | |
Forecast forfirstquarter of year 6. | |
Mean Squared Error for the optimal- (MSE) |
Equation for the Trend Line | |
Forecast forQ1year 6 | |
Forecast forQ2year 6 | |
Forecast forQ3year 6 | |
Forecast forQ4year 6 |
Interpretation | |
S1= | |
S2= | |
S3= | |
S4= |
Forecast forQ1year 6 | |
Forecast forQ2year 6 | |
Forecast forQ3year 6 | |
Forecast forQ4year 6 |
Mean Absolute Percentage Error (MAPE) for theTrend Line Method | |
Mean Absolute Percentage Error (MAPE) for theTrend + Seasonality Method | |
Mean Absolute Percentage Error (MSE) for theTrend Line Method | |
Mean Absolute Percentage Error (MSE) for theTrend + Seasonality Method |
=INTERCEPT( Y-Range,X-Range) | ||||||||||
Quarterly Umbrella Sales (Million Dollars) | =SLOPE(Y-Range,X-Range) | |||||||||
Year | Quarter -1=Fall,2=Winter,3=Spring, 4=Summer | time | Sales | Error | Mean Absolute Error (MAE) | (MAPE) | Squared of Error | |||
Year | Q | time | Yt | Trend Line Tt =b0+b1 t | Trend + Seasonality Y^=Tt xSt | (Y-Y^) | IY-Y^I | (( IY-Y^I ) / Y ) | (Y-Y^)2 | |
1 | 1 | 1 | $275 | |||||||
1 | 2 | 2 | $685 | |||||||
1 | 3 | 3 | $153 | |||||||
1 | 4 | 4 | $99 | |||||||
2 | 1 | 5 | $259 | |||||||
2 | 2 | 6 | $721 | |||||||
2 | 3 | 7 | $192 | |||||||
2 | 4 | 8 | $114 | |||||||
3 | 1 | 9 | $304 | |||||||
3 | 2 | 10 | $645 | |||||||
3 | 3 | 11 | $163 | |||||||
3 | 4 | 12 | $90 | |||||||
4 | 1 | 13 | $240 | |||||||
4 | 2 | 14 | $614 | |||||||
4 | 3 | 15 | $180 | |||||||
4 | 4 | 16 | $122 | |||||||
5 | 1 | 17 | $286 | |||||||
5 | 2 | 18 | $739 | |||||||
5 | 3 | 19 | $184 | |||||||
5 | 4 | 20 | $108 | |||||||
MAE | MAPE | MSE |
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