Question: Using the data below and the SES forecast =0.3 , what is the error for the 3rd week? Week Time Series Value 1 7.00 2
Using the data below and the SES forecast =0.3 , what is the error for the 3rd week? Week Time Series Value 1 7.00 2 13.00 3 13.00 4 18.00 Submit
Using the data below and the Nave forecast, what is the error calculation for the 3rd week?
| Week | Time Series Value |
| 1 | 9.00 |
| 2 | 15.00 |
| 3 | 23.00 |
| 4 | 6.00 |
Using the data below, Use the 2 period moving average to create the forecast calculate the absolute error for the 3rd week.
| Week | Actuals |
| 1 | 12.00 |
| 2 | 8.00 |
| 3 | 6.00 |
| 4 | 23.00 |
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Answer format: Number: Round to: 1 decimal places.
Using the data below, calculate the squared error for the 4th week. Use the 2 period moving average to create the forecast.
| Week | Time Series Value |
| 1 | 22.00 |
| 2 | 24.00 |
| 3 | 21.00 |
| 4 | 21.00 |
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Answer format: Number: Round to: 1 decimal places.
Using the data below, calculate the bias based on using the nave forecast method.
| Week | Time Series Value |
| 1 | 12.00 |
| 2 | 15.00 |
| 3 | 17.00 |
| 4 | 24.00 |
Submit
Answer format: Number: Round to: 1 decimal places.
| Week | Time Series Value |
| 1 | 8.00 |
| 2 | 4.00 |
| 3 | 8.00 |
| 4 | 7.00 |
Submit
Answer format: Number: Round to: 1 decimal places.
Using the data below, what is the simple exponential smoothing forecast for the 4th week where =0.4?
| Week | Time Series Value |
| 1 | 6.00 |
| 2 | 4.00 |
| 3 | 2.00 |
| 4 | 6.00 |
Submit
Answer format: Number: Round to: 1 decimal places.
Using the data below, what is the value of the absolute percent error for week 3?
| Week | Time Series Value | Forecast |
| 1 | 7 | 3.00 |
| 2 | 5 | 8.00 |
| 3 | 4 | 4.00 |
| 4 | 3 | 4.00 |
Submit
Answer format: Number: Round to: 2 decimal places.
Using the data below, what is the value of RMSE?
| Week | Time Series Value | Forecast |
| 1 | 3 | 4.00 |
| 2 | 5 | 5.00 |
| 3 | 2 | 2.00 |
| 4 | 8 | 2.00 |
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