The actual values for 12 periods (shown in order) are: 45 52 48 59 55 54 64 58 6
ID: 3059674 • Letter: T
Question
The actual values for 12 periods (shown in order) are: 45 52 48 59 55 54 64 58 67 66 70 76
1. Using a 5 period simple moving average, the forecast for period 13 will be:________ ?
2. Using the 4 period weighted moving average, the forecast for period 13 will be: ________?
3. With exponential smoothing, the forecast for period 13 will be: ______?
4. With linear regression, the forecast for period 13 will be: _______?
5. With quadratic regression, the forecast for period 13 will be: ______?
6. Considering only the forecasts for period 6-12, what is the lowest MAD value for any of the methods?
Explanation / Answer
1) Using a 5 period simple moving average, the forecast for period 13 will be
F6= (45 +52+ 48+ 59+ 55 )/5 =
F7= (52 +48+ 59+55+54)/5 = 53.6
Similarly for F13
F13= (58+67+66+70+76)/5
F13= 67.4
PLEASE NOTE: PLAESE REPOST THE REST QUESTION ALONG WITH WEIGHTS OF WEIGHTED MOVING AVERAGE ALSO THE VALUE OF ALPHA FOR EXPOINENTIAL SMOOTHING.
PERIOD ACTUAL VALUE FORECASTED VALUE 1 45 2 52 3 48 4 59 5 55 6 54 51.8 7 64 53.6 8 58 56 9 67 58 10 66 59.6 11 70 61.8 12 76 65 13 67.4Related Questions
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