Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below).
a) Forecasted sales for year 6 using a 3 year moving average is 558 sales (round your response to one decimal place).
b) The MAD for a 3-year moving average based forecast is 67 sales (round your response to one decimal place).
c) The MSE for a 3-year moving average based forecast is sales (round your response to the nearest whole number).
a. forecast for year 5 using three year moving year average = (520+570+584)/3 = 558
b. MAD for three year moving forecast is 67
Year | Sales | Forecasted sales | Deviation | Absolute deviation |
1 | 460 | |||
2 | 495 | |||
3 | 520 | |||
4 | 570 | 491.6667 | -78.3333 | 78.33333 |
5 | 584 | 528.3333 | -55.6667 | 55.66667 |
Sum | 134 | |||
Mean Absolute deviation | 134/2 = 67 |
Year | Sales | Forecast sales | Error | Squared Error |
1 | 460 | |||
2 | 495 | |||
3 | 520 | |||
4 | 570 | 491.6667 | -78.33333333 | 6136.111 |
5 | 584 | 528.3333 | -55.66666667 | 3098.778 |
Total Squared Error | 4617.444 | |||
Mean Squared Error | 2308.722 |
c. The MSE for three year moving average method is 2309
Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below).
Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). ar Sales 460 495 518 575 580 4 a) Forecasted sales for year 6 using the trend projection (linear regression) method are sales (round your response to one decimal place),
Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Using exponential smoothing with a smoothing constant (a) of 0.30 and a starting forecast of 410.00, the following sales forecast has been developed: Year Sales 2005 2006 2007 2008 2009 450 495 518 563 580 Forecasted Sales 410.00 422.00 443.90 466.13 495.19 The MAD for a forecast developed using exponential smoothing with a = 0.30 is 73.76 sales (round...
How do i solve C Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Year Sales 455 502 520 563 580 a) Forecasted sales for year 6 using the trend projection (linear regression) method are 617.3 sales (round your response to one decimal place). b) The MAD for a linear regression forecast is 6.8 sales (round your response to one decimal place). c) The MSE for the linear...
Problem 4.16 E ques Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Year Sales 460 510 520 570 575 a) Forecasted sales for year 6 using the trend projection (linear regression) method are sales (round your response to one decimal place). Enter your answer in the answer box and then click Check Answer parts remaining Clear A che certos
a) Forecasted sales for year 6 using the trend projection (linear regression) method are (???) sales (round your response to one decimal place). b) What is the MAD? c) What is the MSE? Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Year Sales 455 510 520 575 575 4 5
1 8 of 24 (20 complete) Score: 0 of 3 pts Problem 4.16 Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below) Year Sales 450 510 516 575 595 a) Forecasted sales for year 6 using the trend projection (linear regression) method are sales (round your response to one decimal place).
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Homework: Homework #2 Score: 0 of 1 pt 4 of 15 (3 Problem 4.13 can see Heart Transplants 45.0 50.0 55.0 56.0 58.0 a) Using exponential smoothing with a of 0.60 and the given forecast for year 1, the forecasts for years 2 through 6 are (round your responses to ane decimal place) 56.6 Forecast 41.0 43.4 474 2 ound yo response to one decimal place For the forecast made us ng exponential smoothing with α-Ο 60 and the given...