Question: 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

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

18.00

2

16.00

3

9.00

4

16.00

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

14.00

2

6.00

3

16.00

4

24.00

Submit

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

Using the data below, what is the simple exponential smoothing forecast for the 3rd week where =0.3?

Week

Time Series Value

1

7.00

2

3.00

3

5.00

4

2.00

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

3.00

4

8.00

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

8.00

2

5

2.00

3

4

2.00

4

3

8.00

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

3.00

2

5

3.00

3

2

2.00

4

8

2.00

Submit

Answer format: Number: Round to: 2 decimal places.

Using the data below, what is the value of MSE?

Month

Actuals

Forecast

1

7

3.00

2

5

5.00

3

4

4.00

4

3

8.00

Submit

Answer format: Number: Round to: 2 decimal places

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