A hospital records the number of floral deliveries its patients receive each day. For a two-week period, the records show15, 27, 26, 24, 18, 21, 26, 19, 15, 28, 25, 26, 17, 23
Useathree-period moving averagefor forecasting and reportthe forecast for period4 using 2 numbers after the decimal point.
5 points
A hospital records the number of floral deliveries its patients receive each day. For a two-week period, the records show15, 27, 26, 24, 18, 21, 26, 19, 15, 28, 25, 26, 17, 23Useathree-period moving averagefor forecasting and reportthe forecast for period7 using 2 numbers after the decimal point.
A hospital records the number of floral deliveries its patients receive each day. For a two-week period, the records show15, 27, 26, 24, 18, 21, 26, 19, 15, 28, 25, 26, 17, 23Useathree-period moving averagefor forecasting and reportthe forecast for period13 using 2 numbers after the decimal point.
A hospital records the number of floral deliveries its patients receive each day. For a two-week period, the records show15, 27, 26, 24, 18, 21, 26, 19, 15, 28, 25, 26, 17, 23Use athree-period moving average and report the forecast error for period 5 using 2 numbers after the decimal point.Use absolute value.
A hospital records the number of floral deliveries its patients receive each day. For a two-week period, the records show15, 27, 26, 24, 18, 21, 26, 19, 15, 28, 25, 26, 17, 23Use athree-period moving average and reportthe forecast error for period10 using 2 numbers after the decimal point. Use absolute value.
Use athree-period moving average and reportthe forecast error for period 13 using 2 numbers after the decimal point. Use absolute value.
Use athree-period moving average and reportthe MAE (Mean Absolute Error)for the period of forecasting. Use 2 numbers after the decimal point.
The number of cans of soft drinks sold in a machine each week is recorded below. Develop forecasts using Exponential Smoothing with an alpha value of0.30.F1=338.338, 219, 276, 265, 314, 323, 299, 257, 287, 302
Report the forecast for period4 (use 2numbers after the decimal point).
The number of cans of soft drinks sold in a machine each week is recorded below. Develop forecasts using Exponential Smoothing with an alpha value of 0.30.F1=338.
338, 219, 276, 265, 314, 323, 299, 257, 287, 302
Report the forecast value for period7 (use 2numbers after the decimal point)
The number of cans of soft drinks sold in a machine each week is recorded below. Develop forecasts using Exponential Smoothing with an alpha value of 0.30.F1=338.338, 219, 276, 265, 314, 323, 299, 257, 287, 302
Report the forecasting value for period9 (use 2 numbers after the decimal point).
10 points
Report the Forecast errorfor period5 (use 2 numbers after the decimal point)
Report the forecast error for period8 (use absolute value and only two numbers after the decimal point)
Report the Mean AbsoluteError for this forecast problem (MAE). Use 2 numbers after the decimal point.
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