Question: Using the data below and the Nave forecast, what is the error calculation for the 3rd week? Week Time Series Value 1 16.00 2 11.00
Using the data below and the Nave forecast, what is the error calculation for the 3rd week?
| Week | Time Series Value |
| 1 | 16.00 |
| 2 | 11.00 |
| 3 | 8.00 |
| 4 | 5.00 |
Submit
Answer format: Number: Round to: 0 decimal places.
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Using the data below, what is the value of MSE?
| Month | Actuals | Forecast |
| 1 | 7 | 6.00 |
| 2 | 5 | 2.00 |
| 3 | 4 | 8.00 |
| 4 | 3 | 6.00 |
Submit
Answer format: Number: Round to: 2 decimal places.
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Using the data below, what is the simple exponential smoothing forecast for the 3rd week where =0.3?
| Week | Time Series Value |
| 1 | 3.00 |
| 2 | 7.00 |
| 3 | 2.00 |
| 4 | 4.00 |
Submit
Answer format: Number: Round to: 1 decimal places.
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