Question: Using the data below, calculate the bias based on using the nave forecast method. Week Time Series Value 1 21.00 2 8.00 3 25.00 4

Using the data below, calculate the bias based on using the nave forecast method.

Week

Time Series Value

1

21.00

2

8.00

3

25.00

4

25.00

----------------------------------

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

23.00

2

16.00

3

19.00

4

16.00

Submit

Answer format: Number: Round to: 1 decimal places.

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Using the data below and the SES forecast =0.3 , what is the error for the 3rd week?

Week

Time Series Value

1

22.00

2

22.00

3

21.00

4

23.00

Submit

Answer format: Number: Round to: 1 decimal places.

------------------------------------------

Using the data below, what is the 2 period moving average forecast for the 3rd week?

Week

Actuals/Time Series Value

1

23.00

2

13.00

3

7.00

4

11.00

Submit

Answer format: Number: Round to: 1 decimal places.

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