Question

Using the data below, what is the value of MSE? Week Time Series Value Forecast 1...

Using the data below, what is the value of MSE?

Week

Time Series Value

Forecast

1

7

5.00

2

5

8.00

3

4

8.00

4

3

3.00

Answer Format: Number: Round to: 2 decimal places.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Week Tinu Seeries Foru cast Value 5 2 3-3 o 29 Summ of Squaru duu to euro, - (SSe) sse 29 25

Add a comment
Know the answer?
Add Answer to:
Using the data below, what is the value of MSE? Week Time Series Value Forecast 1...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Using the data below, what is the simple exponential smoothing forecast for the 4th week where...

    Using the data below, what is the simple exponential smoothing forecast for the 4th week where a=0.4? Week Time Series Value 6.00 4.00 3.00 Submit Answer format: Number: Round to: 1 decimal places. Using the data below, what is the value of MSE? Month Actuals Forecast 4.00 8.00 4.00 5.00 Submit Answer format: Number: Round to: 2 decimal places.

  • Using the data below, calculate the bias based on using the naive forecast method. Week Time...

    Using the data below, calculate the bias based on using the naive forecast method. Week Time Series Value 6.00 21.00 6.00 15.00 Submit Answer format: Number: Round to: 1 decimal places. Using the data below, what is the value of RMSE? Week Time Series Value Forecast 8.00 2.00 8.00 5.00 Submit Answer format: Number: Round to: 2 decimal places.

  • Using the data below, what is the value of MSE? Month Actuals Forecast 4.00 on 8.00...

    Using the data below, what is the value of MSE? Month Actuals Forecast 4.00 on 8.00 A 4.00 6 5.00 Answer Format: Number: Round to: 2 decimal places. Enter Answer Here... Submit Answer t All Problems

  • Using the data below, what is the simple exponential smoothing forecast for the 3rd week where...

    Using the data below, what is the simple exponential smoothing forecast for the 3rd week where a=0.3? Week Time Series Value 2.00 8.00 6.00 3.00 Submit Answer format: Number: Round to: 1 decimal places Based on the data below for chocolate demand per week and using the naive forecasting method, how much you should order for 5th week? Week Time Series Value 15.00 14.00 23.00 6.00 Submit Answer format: Number: Round to: O decimal places.

  • Consider the following time series data. Week 1 2 3 4 5 6 Value 19 14...

    Consider the following time series data. Week 1 2 3 4 5 6 Value 19 14 17 12 17 14 Develop a three-week moving average for this time series. Compute MSE and a forecast for week 7. Round your answers to two decimal places. Week Time Series Value Forecast 1 19 2 14 3 17 4 12 5 17 6 14 MSE: The forecast for week 7: Use = 0.2 to compute the exponential smoothing values for the time series....

  • Consider the following time series data. Week 1 2 3 4 5 6 Value 17 13...

    Consider the following time series data. Week 1 2 3 4 5 6 Value 17 13 15 11 15 13 (a) Choose the correct time series plot. (i) (ii) (iii) (iv) - Select your answer -Graph (i)Graph (ii)Graph (iii)Graph (iv)Item 1 What type of pattern exists in the data? - Select your answer -Horizontal PatternTrend PatternItem 2 (b) Develop a three-week moving average for this time series. Compute MSE and a forecast for week 7. If required, round your answers...

  • Please help Consider the following time series data. Week 1 N 3 4 5 6 Value...

    Please help Consider the following time series data. Week 1 N 3 4 5 6 Value 19 11 13 10 14 12 (a) Construct a time series plot. 20 18 20 18 14 12 10 Week 3 4 Week D 20 18+ 16 Time Series Value Time Series Value 5 Week 0 Wook What type of pattem exists in the data? The data appear to follow a cyclical pattern. The data appear to follow a trend pattem. The data appear...

  • Using the data below and the SES forecast a=0.3, what is the error for the 3rd...

    Using the data below and the SES forecast a=0.3, what is the error for the 3rd week? Week Time Series Value 12.00 13.00 20.00 5.00 Submit Answer format: Number: Round to: 1 decimal places.

  • Using the data below, what is the weighted moving average forecast for the 4th week? The...

    Using the data below, what is the weighted moving average forecast for the 4th week? The weights are 20,30.50 (oldest period to most recent period) Week Time Series Value 17.00 17.00 7.00 20.00 Submit Answer format: Number: Round to: 1 decimal places. Using the data below and the SES forecast 00.3, what is the error for the 3rd week? Week Time Series Value 6.00 19.00 17.00 23.00 Submit

  • Homework Consider the following time series data. Week Value a. Which of the following is a...

    Homework Consider the following time series data. Week Value a. Which of the following is a correct time series plot for this data? 1 18 2 14 3 17 4 12 5 17 6 15 TimeSeries Value 115 Week TimeSeries Value 3 4 5 Week 2 TimeSeries Value 15 3 4 . 5 Week plot #1 What type of pattern exists in the data? Horizontal a Search this course mework Week plot 01 What type of pattern exists in the...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT