Question: Using the data on call volume in the accompanying table, what is the MSE (Mean Square Error) using a three-day moving average forecast. Day Call
Using the data on call volume in the accompanying table, what is the MSE (Mean Square Error) using a three-day moving average forecast.
| Day | Call Volume |
|---|---|
| 1 | 204 |
| 2 | 336 |
| 3 | 295 |
| 4 | 251 |
| 5 | 280 |
| 6 | 300 |
| 7 | 398 |
| 8 | 418 |
| 9 | 309 |
| 10 | 471 |
| 11 | 522 |
| 12 | 502 |
| 13 | 449 |
| 14 | 452 |
| 15 | 420 |
| 16 | 500 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
