Question: Please show your work. Additional Algo 15-3 Forecast MAE Forecasted and actual sales are shown below. Week 1 2 3 4 Forecast 640 630 300

Please show your work.

Please show your work. Additional Algo 15-3

Additional Algo 15-3 Forecast MAE Forecasted and actual sales are shown below. Week 1 2 3 4 Forecast 640 630 300 820 Actual 608 731 324 812 Round your answer to two decimal places. Calculate the mean absolute error (MAE). 21.25

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 General Management Questions!

Additional Algo 15-3 Forecast MAE Forecasted and actual sales are shown below. Week 1 2 3 WN Forecast 810 850 600 740 Actual 689 935 594 696 4 Round your answer to two decimal places Calculate the...

Additional Algo 15-1 Forecast Error Forecasted and actual sales are shown below. Week 1 2 3 4 Forecast 270 500 190 450 Actual 305 425 165 423 Calculate the forecast error for week 1. 35 Additional...

Forecasted and actual sales are shown below. Week 1 2 3 4 N Forecast 640 630 300 820 Actual 608 731 324 812 Round your answer to 1 decimal places. Calculate the mean absolute percentage error (MAPE)....

Forecasted and actual sales are shown below. Week 1 2 3 4 Forecast 640 630 300 820 Actual 608 731 324 812 Round your answer to two decimal places, Calculate the mean squared error (MSE)

Hello there, I need help with my assignment. Please see attachments for detail. Thank you. Throughout this course, we've practiced ways to analyze and model data from financial operations so that it...

Complete the following problems from Chapter 12 in Financial Management: Theory and Practice : Chapter 12: Topics: Additional Funds Needed, Forecasted Statements and Ratios, Financing Deficits...

I need, I am working on GENERAL ELECTRIC AND UNITED TECHNOLOGIES CORP, I need help GE and UTC Financial Statements Forecast for the next 5 year using the attachment. Throughout this course you will...

Week 4 Homework Assignment This assignment is due by 6 p.m. eastern time on Sunday, September 17.When you turn it in, please: (1) Include your team number and assignment number in the filename(s)....

I have questions on "Chapter 17 Time Series Analysis and Forecasting. The questions is in the attachment; that are problem number 29 and 30 (it is on last three pages, not the multiple choice...

Ben has recently signed a 6-year contract with a football club for 6 million pounds. The contract with ben has been recognized as an asset on the club's financial statements. Ben is new to football...

a. How would the five components of the entity's internal control be affected by the change to an IT based accounting system? b For the development and operation of the sales system identify the type...

The Hold Harmless Clause in an Insurance Contract with a provider means the provider agrees to accept as payment in full for medical services provided to plan members the amount that the plan...

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...