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 |
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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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