O O Refer to the gasoline sales time series data in the given table. Week Sales...
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O O Refer to the gasoline sales time series data in the given table. Week Sales (1,000s of gallons) 1 16 22 17 23 5 15 6 17 7 21 8 19 9 20 10 18 15 11 12 23 (a) Compute four-week and five-week moving averages for the time series. Do not round intermediate calculations. If required, round your answers to two decimal places. 4-Week 5-Week Week Sales Moving Moving Average Average 1 16 22 17 23 15 2 WN 3 4 22 2 34 5 (a) Compute four-week and five-week moving averages for the time series. Do not round intermediate calculations. If required, round your answers to two decimal places. 4-Week 5-Week Week Sales Moving Moving Average Average 16 22 3 17 4 23 5 15 6 17 7 21 8 19 9 20 10 18 11 12 23 (b) Compute the MSE for the four-week and five-week moving average forecasts. Do not round intermediate calculations. If required, round your answers to two decimal places. MSE for four-week moving average = MSE for five-week moving average = A fakunn fair or five) to use in the moving average co 12 15 8 19 9 20 10 18 11 15 12 23 (b) Compute the MSE for the four-week and five-week moving average forecasts. Do not round intermediate calculations. If required, round your answers to two decimal places. MSE for four-week moving average - MSE for five-week moving average - (c) What appears to be the best number of weeks of past data (three, four, or five) to use in the moving average computation? Consider that the MSE for the three-week moving average is 12.667. - Select your answer : Check My Work Icon Key x O O Refer to the gasoline sales time series data in the given table. Week Sales (1,000s of gallons) 1 16 22 17 23 5 15 6 17 7 21 8 19 9 20 10 18 15 11 12 23 (a) Compute four-week and five-week moving averages for the time series. Do not round intermediate calculations. If required, round your answers to two decimal places. 4-Week 5-Week Week Sales Moving Moving Average Average 1 16 22 17 23 15 2 WN 3 4 22 2 34 5 (a) Compute four-week and five-week moving averages for the time series. Do not round intermediate calculations. If required, round your answers to two decimal places. 4-Week 5-Week Week Sales Moving Moving Average Average 16 22 3 17 4 23 5 15 6 17 7 21 8 19 9 20 10 18 11 12 23 (b) Compute the MSE for the four-week and five-week moving average forecasts. Do not round intermediate calculations. If required, round your answers to two decimal places. MSE for four-week moving average = MSE for five-week moving average = A fakunn fair or five) to use in the moving average co 12 15 8 19 9 20 10 18 11 15 12 23 (b) Compute the MSE for the four-week and five-week moving average forecasts. Do not round intermediate calculations. If required, round your answers to two decimal places. MSE for four-week moving average - MSE for five-week moving average - (c) What appears to be the best number of weeks of past data (three, four, or five) to use in the moving average computation? Consider that the MSE for the three-week moving average is 12.667. - Select your answer : Check My Work Icon Key x
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a Four week and five week moving average from the data can be calculated as fo... View the full answer
Related Book For
Essentials of Business Analytics
ISBN: 978-1285187273
1st edition
Authors: Jeffrey Camm, James Cochran, Michael Fry, Jeffrey Ohlmann, David Anderson, Dennis Sweeney, Thomas Williams
Posted Date:
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