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

Submit

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

Submit

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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