5. Use a four-period moving average to calculate MFE, MAE, MSE, and MAPE Historical records show:...
Use a four-period moving average to calculate MFE, MAE, MSE, and MAPE. Historical records show: 5346, 7812, 6513, 5783, 5982, 6519, 6283, 5577, 6712, 7345. Please show work.
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...
Use excel, show excel commands. #8 For problerms 7 througl use the following time serles data:l Th fol PERIOD DEMAND 221 247 228 233 240 152 163 155 167 158 4 5 7 10 7. () Develop a last period forecast for periods 2 through 11. Calculate the MFE, MAD, and MAPE values for periods 2 through 10. Is this a good model? Why? 8. () Develop a three-period weighted moving average forecast for periods 4 through 11. Use weights...
Calculate a 3-months simple moving average, for each possible month of years 2014/2015/2016. Calculate the MAD, MSE and MAPE for this method. In addition to the formulas in the computer, show one manual calculation of a forecast of this method, for any month you choose (10 marks)JanFebMarAprMayJunJulAugSepOctNovDecYear474549485250515455566063201450515254565756595555658120155456585761626365676769752016
Assume you are analyzing a time series of 12 observations. Using a 3-period moving average, you successfully calculate the Mean Absolute Error (MAE), Mean Square Error (MSE), and Mean Absolute Percentage Error (MAPE) for each forecasted time period. You then sum the error calculations for each time period for each of the three error calculation techniques respectively. You end up with: MAE 53.5, MSE 547.25, and MAPE 44.15%. To complete your error calculation and compare the accuracy of the 3-period...
This is a table to show how to calculate a three-month moving average. Please use this same data to calculate a four-month moving average. ACTUAL SHED SALES 10 12 13 16 19 23 26 30 28 18 16 MONTH 3-MONTH MOVING AVERAGE January March (10+ 12 + 13)3 -11.67 (12 13+ 16/3-13.67 (13 + 16 + 19)/3# 16.00 (16 + 19 +23Y3- 19.33 19 +23 + 26V3-22.67 (23+26 +30/3-26.33 (26+30 +28)V3-28.00 (30 +28 + 18/3-25.33 (28 + 18 + 163-20.67...
Need help with #2. The data set mentioned is the numbers that are provided. 7.pdf Get Homework Help With Chege + × Homework%20%237.pdf Does the three-month or four-month moving average provide more accurate d) forecasts based on MSE? What is the forecast for the next month using the better forecasting method e) you decided in part d)? Problem 13 on Page 822. The values of Alabama building contracts (in Smillions) for a 12-month period follow. 240 350 230 260 280...
#1 Attached is an Excel spreadsheet containing the exponential smoothing, moving average, and quarterly regression analyses of the data set in problem #23 in Chapter 8. Use the Excel spreadsheet to answer the following questions. #1.1 which of the nine exponential smoothing models in columns J through R would you use to forecast Value for time-13, and why would you use it? (5 points) #1.2 what is the exponential smoothing forecast of Value for time-13 for (Show your work.) (5...