Question: In the table below you can find the actual values and a set of predicted values Month 1 2 3 4 5 6 7 8

In the table below you can find the actual values and a set of predicted values Month 1 2 3 4 5 6 7 8 Actual values 45 65 46 78 90 84 95 97 Predicted Values 47 56 53 74 88 79 93 97 a Calculate the Mean Absolute Error (MAD) for the predicted values. (8+2 for Tinal answer- 10 marks) Abs Value Month Predicted Values 1 Actual values 45 65 46 78 93 47 56 2 3 53 74 4 5 6 7 & 88 79 93 97 95 97 D. Co the Moon Saare more for the predicted values. 18. 2 for 10 min Month Actual values Abs Value? Predicted Values 65 56 2 3 4 S 6 78 90 84 99 97 74 88 79 92 97

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!

The wall is 15 ft high and consists of 2 * 4 in. studs, plastered on one side. On the other side there is 4-in. clay brick. Determine the average load in lb/ft of length of wall that the wall exerts...

Click Submit to complete this assessment Question 14 This problem is two parts A and : A Without computing the adjusted MA, construct a three period moving average Comment on the effects of taking...

kindly solve this as soon as possible This problem is two parts A and B: A. Without computing the adjusted MA, construct a three period moving average. Comment on the effects of taking the moving...

1. In this section we use rto denote the value of the linear correlation coefcient. Why do we refer to this correlation coefcient as being linear? Choose the correct answer below. 0 A. The term...

Determine the mean and median of the following data. 5 7 11 13 -1 12 -9 5 -2 Determine the mean and median accurate to 1 decimal place. 1. Mean = 2. Median = Determine the mode. If there is no mode,...

Please help me with these homework questions. For a data set of chest sizes (distance around chest in inches) and weights (pounds) of four anesthetized bears that were measured, the linear...

(1.) What is the equation of the best model? Select the correct choice below and fill in the answer boxes to complete your choice. Enter only nonzero values. (Type integers or decimals rounded to...

Customer Type of Customer Items Net Sales Method of Payment Gender Marital Status Age 1 Regular 1 39.50 Discover Male Married 32 2 Promotional 1 102.40 Proprietary Card Female Married 36 3 Regular 1...

Problem 1 Suppose you are studying the correlation between diabetes and exercise. You have a data set describing whether individuals in the sample have diabetes and whether they exercise regularly....

Overview For this assignment, write a program that will generate three sets of random numbers. Random Number Generation In the first three programs, the user was asked for input. This program will be...

Program 4 Loops, Decision Statements, Symbolic Constants, and Random Number Generation (100 points) Due: Friday, February 17 on Blackboard by 11:59 PM Overview For this assignment, write a program...

On 1st April 2008, BATU Ltd issued 50,000 ordinary shares of Shs. 1,000 each at a premium of Shs. 200 per share payable as follows: Application Shs. 200 per share Allotment (Including premium) Shs....

You are operating an old machine that is expected to produce a cash inflow of $5,000 in each of the next 3 years before it fails. You can replace it now with a new machine that costs $20,000 but is...

Question 3 5 1 pts Ultimately, Insolvency Risk is the risk that q , the FI cannot find buyers for its assets at any price total asset value falls below total liability value office machinery breaks...

Johnson Enterprises uses a computer to handle its sales invoices. Lately, business has been so good that it takes an extra 3 hours per night, plus every third Saturday, to keep up with the volume of...

On January 1, 2017, Alberta Hydro Ltd. issued bonds with a maturity value of $8 million when the market rate of interest was 4%. The bonds have a coupon (contractual) interest rate of 5% and mature...

As part of a study on income tax compliance (Behavioral Research and Accounting, January 2015), researchers found that 37% of adult workers prepare their own tax return. Assume that this percentage...

Indicate whether each of the following actions relates to (a) Managing liquidity and cash flow, (b) Recognition of liabilities, (c) Valuation of liabilities, (d) Classification of liabilities, or (e)...

According to an Occupational and Health Safety Administration (OHSA) 2014 report, a hospital is one of the most dangerous places to work. The major cause of injuries that result in missed work was...

D Question 47 2 pts The third phase of the Scrum development process is to build the feature so that it is functional. True False Question 48 2 pts Most of the scheduling methods available today...

How does that affect your approach to complaint handling?

What approaches does your organization have in place to encourage and then learn from complaints?

Do you have any idea how effective you are at complaint handling compared to other businesses in your industry sector? If so, where do you stand?