i Firefox File Edit View History Bookmarks Tools Window Help @ [.] 66% E. Tue 11

Question

i Firefox File Edit View History Bookmarks Tools Window Help @ [.] 66% E. Tue 11:50 AM Q E w WileyPLUS WileyPLUS © Search Textbook Solutions I + ?? https://edugen.wileyplus.com/edugen/student/mainfrun. ? a search WileyPLUS Business Statistics, ath Edition, Wileypuus Custom Course for Georgia Southern University BUSINESS STATS& QM (BUSA 3131- 3132) Home Read, Study &Practice; Gradebook ORION Assignment> Open Assignment MESSAGE MY INSTRUCTOR FULL SCREtN PRINTER VERSION ? BACK ASSIGNMENT RESOURCES Question 4 Using the following data, determine the values of MAD and MSE. Which of these measurements of error seems to yield the best information about the forecasts E Quastion Question 2 Period Value Forecast 19.6 16.1 23.6 19.4 23.8 21.0 26.8 24.8 5 29.2 25.9 35.5 28.6 uestion Questions (Round your answers to 3 decimal places.) MAD MSE LINK TO TEXT Qucstion Attempts: 0 of 2 used SAVE FOR LATER SUBMIT ANSWER All Rights Reserved. A Division of John Wiley & Sons Inc. Version 4.24.7.7 10

Explanation / Answer

Period Actual Forecast Error Absolute Value of Error Square of Error Absolute Values of Errors Divided by Actual Values. t At Ft At -Ft | At -Ft| ( At -Ft)^2 | (At -Ft)/At| 1 19.600 16.100 3.500 3.500 12.250 0.1786 2 23.600 19.400 4.200 4.200 17.640 0.1780 3 23.800 21.000 2.800 2.800 7.840 0.1176 4 26.800 24.800 2.000 2.000 4.000 0.0746 5 29.200 25.900 3.300 3.300 10.890 0.1130 6 35.500 28.600 6.900 6.900 47.610 0.1944 Totals 22.700 22.700 100.230 0.856 n 6 MAD 3.783 MSE 16.705

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.