Question: 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
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 | 3.00 |
| 3 | 4 | 6.00 |
| 4 | 3 | 5.00 |
Submit
Answer format: Number: Round to: 2 decimal places.
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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 | 19.00 |
| 2 | 20.00 |
| 3 | 8.00 |
| 4 | 11.00 |
Submit
Answer format: Number: Round to: 1 decimal places.
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Using the data below, what is the 3 period moving average forecast for the 4th week?
| Week | Time Series Value |
| 1 | 6.00 |
| 2 | 12.00 |
| 3 | 16.00 |
| 4 | 21.00 |
Submit
Answer format: Number: Round to: 1 decimal places.
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Using the data below, what is the value of MAD?
| Week | Time Series Value | Forecast |
| 1 | 6 | 2.00 |
| 2 | 5 | 4.00 |
| 3 | 4 | 6.00 |
| 4 | 7 | 5.00 |
Submit
Answer format: Number: Round to: 2 decimal places.
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