Monthy Proportion of On Tme Payments 80 82 84 83 83 84 85 84 82 83...
| Monthy Proportion of On Tme Payments |
| 80 |
| 82 |
| 84 |
| 83 |
| 83 |
| 84 |
| 85 |
| 84 |
| 82 |
| 83 |
| 84 |
| 83 |
Calculate the following for a 3-month moving average forecast; round each to 2 decimal places:
a. MFE
b. MAE
c. MSE
d. MAPE
Homework Answers
| Monthy Proportion of On Tme Payments (A) | Forecast (F) | A-F | Abs (A-F) |
| 80 | |||
| 82 | |||
| 84 | |||
| 83 | 82 | 1 | 1 |
| 83 | 83 | 0 | 0 |
| 84 | 83.3333 | 0.6667 | 0.6667 |
| 85 | 83.3333 | 1.6667 | 1.6667 |
| 84 | 84 | 0 | 0 |
| 82 | 84.3333 | -2.3333 | 2.3333 |
| 83 | 83.6667 | -0.6667 | 0.6667 |
| 84 | 83 | 1 | 1 |
| 83 | 83 | 0 | 0 |
| Sum | 1.3334 | 7.3334 |
MFE = sum of (A-F) / n = 1.3334/12 = 0.11
MAE =Mean Abs of (A-F) = 7.3334 / 9 = 0.82
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Monthy Proportion of On Tme Payments
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What is the MFE , MAE , MSE ,
and MAPE for a three-month moving average
forecast? Round to two decimal places.
2.Please use the Hawkins sheet.
What is the MFE , MAE , MSE ,
and MAPE for the exponential smoothing forecast with
alpha = 0.2? Round to two decimal places.
3.Please use the Hawkins sheet.
Based on the MSE values found in Questions 1 & 2, which
forecast is best?
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Thank you...
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1.Please use the Hawkins sheet.
What is the MFE , MAE , MSE ,
and MAPE for a three-month moving average
forecast? Round to two decimal places.
2.Please use the Hawkins sheet.
What is the MFE , MAE , MSE ,
and MAPE for the exponential smoothing forecast with
alpha = 0.2? Round to two decimal places.
3.Please use the Hawkins sheet.
Based on the MSE values found in Questions 1 & 2, which
forecast is best?
------------------------------------------------------------------
Thank you...
Pitcher 1
Pitcher 2
87
82
86
92
82
70
84
96
83
89
81
84
85
84
93
80
86
81
85
89
84
86
92
72
83
77
84
87
80
89
87
93
88
78
87
81
79
82
82
87
82
81
87
84
80
88
88
93
90
80
85
79
86
87
87
74
86
78
85
80
85
83
88
79
84
95
83
81
88
89
87
91
94
93
83
91...
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