Question: ) from the information in the table below calculates three week moving average and answer the following: a) Mean of Absolute Value of forecast error

) from the information in the table below calculates three week moving average and answer the following: a) Mean of Absolute Value of forecast error b) Mean Squared Forecast Error c) Mean of Absolute Percentage Error d) Forecast for week 11 Week Time Series Value 1 26 2 28 3 28 4 30 5 32 6 30 7 34 8 36 9 36 10 38

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

2. (60 points) Consider the following time series data: Work 1 2 3 4 5 6 Value 18 13 16 11 17 14 (1) (30 points) Compute three week moving average forecast. Then Compute mean absolute error and mean...

I found the answer of a. but i can't find b, c and d please explain these concepts lightly to me. this is a simple question and chatgpt gets it wrong. please don't waste my question with your chatgpt...

Question #3 1. From the data base for the company sales during the last six years were shown in the table below, so calculate the following parameters for forecasting the sales for next year (2021)....

Use this information to answer Question 1 to Question 2: Consider the following time series data: Week 1 2 3 4 5 6 Value 24 13 20 12 19 23 (Similar to problem 2.2.4 in notes) 1. (15 points) Compute...

1. (30 points) Consider the following time series data: Week 1 2 3 4 5 6 Value 24 13 20 12 19 23 (1) (15 points) Compute three week moving average forecast and forecast using expo nential smoothing...

Consider the following time series data: (Week 1 2 3 4 5 6) (Value 18 13 16 11 17 14) You computed three week moving average forecast and forecast using exponential smoothing ( = 0.02) in the...

Three week moving average, adaptive , exponentially smoothed forecast demand model The first four periods of demand data are shown in the following table . Let the smoothing coefficient, alpha, equal...

Question 19 (1 point) on the table below what is the value of square found your answer to 2 decimal places) 257 10.712 1.96 18 19 Co Sandard for 250156 Stof P value 0.160989 3.1 5.577E17 0.08 Your...

Firstly, thank you for the help expert. Especially, for the calculation problems, I would like to ask you about formula (such as c-1,c-2, c-3, d-1 ~d-8) Note: Students may use either English or Korea...

Question 5 (1 point) The Absolute percent error for period 4 when Three period moving average forecast method is used:{Please round to 2 decimal places for your answer). Do Not convert to percentage,...

Let and be independent and both uniformly distributed over (0, 2. Find the PDF of Z = (X + Y) mod 2.

For the ideal cogeneration cycle shown in Fig. 8.42, steam leaves the boiler at 6 MPa and 600°C with a mass flux of 40 kg/s. The valve is equipped with a pressure regulator that removes 20% of...

With increased debt, the cost of equity increasees due to financial risk. increases due to operational risk. decreases due to operational risk. decreases due to financial risk.

On 1 March 2007 DB Limited issued R560 000 15% debentures at R98. The debentures were to be redeemed at par in four equal annual payments starting 28 February 2010. Required: Journalise the above...