Question: Question 1 Using the cost estimation template and Actuals in Figure 7 - 5 , compare the model in the figure with the following estimates

Question

1

Using the cost estimation template and Actuals in Figure

7 - 5,

compare the model in the figure with the following estimates derived from a multiplicative model. Base your comparison on the mean bias, the MAR, and the tracking signal. Comment.

179 240

Period Forecast Actual

(

(

) /

(0)) - 1 1 (

(

) /

(

)) - 11

MAR Tracking S

1 163 2 217 67 51 5 71 91 3 4 78 76 438 6 423 49 7 64 170 8 157

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