Suppose you are given the following data. You have run a three month moving average and...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Suppose you are given the following data. You have run a three month moving average and found the forecasts, difference, and difference squared between the demand and forecasts. Note, the forecasts, difference, and difference squared have been rounded to two decimal places in the table. Month June Time 1 Actual Demand Forecast 193 Difference Difference Squared July 12 August 23 96 3 96 September 4 83 95.00 -12.00 144.00 October 5 94 91.67 2.33 5.44 November 6 94 91.00 3.00 9.00 December 7 87 90.33 -3.33 11.11 January 8 97 91.67 5.33 28.44 February 9 86 92.67 -6.67 44.44 March 10 93 90.00 3.00 9.00 April 11 89 92.00 -3.00 9.00 May 12 99 89.33 9.67 93.44 Determine the MSE (mean squared error). 29.49 39.32 353.87 93.44 13 Suppose you are given the following data. You have run a three month moving average and found the forecasts, difference, and difference squared between the demand and forecasts. Note, the forecasts, difference, and difference squared have been rounded to two decimal places in the table. Month June Time 1 Actual Demand Forecast 193 Difference Difference Squared July 12 August 23 96 3 96 September 4 83 95.00 -12.00 144.00 October 5 94 91.67 2.33 5.44 November 6 94 91.00 3.00 9.00 December 7 87 90.33 -3.33 11.11 January 8 97 91.67 5.33 28.44 February 9 86 92.67 -6.67 44.44 March 10 93 90.00 3.00 9.00 April 11 89 92.00 -3.00 9.00 May 12 99 89.33 9.67 93.44 Determine the MSE (mean squared error). 29.49 39.32 353.87 93.44 13
Expert Answer:
Posted Date:
Students also viewed these finance questions
-
Jerome Neeson is a shareholder in Gourmet Chefs Inc., a company that owns and operates a test kitchen in a large metropolitan area. The company is involved in a number of businesses, including...
-
With reference to Problem 28, an alternative support system in the form of fixed steel sets is considered with entry height 11.75 ft. Select a suitable steel rib for this alternative specifying steel...
-
Huron Manufacturing, Inc., reported the following at December 31, 2018, and December 31, 2019: Huron Manufacturing has paid all preferred dividends only through 2015. Requirement 1. Calculate the...
-
KPMG described four anchors of trusted analytics in a report titled "Building Trust in Analytics: Breaking the Cycle of Mistrust in D\&A," accessed at https://home. \(\mathrm{kpmg} /\)...
-
The following information is available for Kelsey Corporation for the year ended December 31, 2012: Sales $800,000; Other revenues and gains $92,000; Operating expenses $110,000; Cost of goods sold...
-
A project is estimated to cost $402,360 and provide annual net cash flows of $120,000 for 5 years. Present Value of an Annuity of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893...
-
Read about the life of a moral reformer or examine the life of your own moral hero or heroine. Respond to the following questions: What motivated the person of your choice to continue, even when the...
-
A block of mass m = 2.50 kg is pushed d = 2.40 m along a frictionless horizontal table by a constant applied force of magnitude F = 18.0 N directed at an angle = 25.0 below the horizontal as shown in...
-
Antec Corporation had a balance of $2,600 in Prepaid Supplies at the beginning of the year. The company purchased $1,050 of supplies during the year. At year end, Prepaid Supplies had a balance of...
-
In the figure , a = 7.90 cm. If q2 is in a state of static equilibrium and the positive charge in the centre is 3.18 nC, what would q, be? (Hint: The charge should be negative.) Answer:
-
A circuit is comprised of a 1 volt DC voltage source, and two 1k resistors in series. The voltage across each resistor is theoretically 0.5 volts. a. If a voltmeter is used with internal resistance...
-
With regard to the production possibilities frontier (PPF), an efficient point is a point that is: ?
-
The two cubic oxides ReO3 and BaRuO3 both adopt a cubic perovskite type structure; however whilst ReO3 displays Negative Thermal Expansion (NTE) between 10 and 250 K BaRuOs displays Positive Thermal...
-
What are the two components of a company's income tax provision? What does each component represent about a company's income tax provision?
-
Why are stock markets important and what do they trade in?
-
How has the relative importance of the NYSE and LSE changed?
-
What was the importance of the Big Bang?
Study smarter with the SolutionInn App