Home / Questions / Weekly income for Quiet Mental Breakdown an online psychology firm is provided below. Dete...
Weekly income for Quiet Mental Breakdown, an online psychology firm, is provided below. Determine, on the basis of minimizing the mean square error, whether a three-period or four-period simple moving average gives a better forecast.
Forecasting Problem Set F-1 Weekly income for Quiet Mental Breakdown, an online psychology firm, is provided below. Determine, on the basis of minimizing the mean square error, whether a three-period or four-period simple moving average gives a better forecast. WeekIncome198021040311204105059606990710308126091240101100 F-2 Using the table above, what is your forecast for week 11 using a three-period weighted average with weights of .6, .3 and .1? The weights are stated from the most current time period to the oldest time period. F-3 Using the table above, with smoothing constants of a = .10 and then a = .30, forecast income for week 11 using exponential smoothing. Solutions F-1 On the basis of minimizing the mean square error, the three-period simple moving average gives a better forecast (smaller MSE). WeekActual ValueMoving AverageErrorSquared Error1980 21040 31120 410501046.673.3311.1159601070.00-110.0012100.0069901043.33-53.332844.44710301000.0030.00900.0081260993.33266.6771111.11912401093.33146.6721511.111011001176.67-76.675877.7811 1200.00This document was truncated here because it was created in the Evaluation Mode.Created with an evaluation copy of Aspose.Words. To discover the full versions of our APIs please visit: https://products.aspose.com/words/ PAGE
Jun 14 2020 View more View Less
Your friend says, "I feel really good about myself." We might conclude that your friend has high: A. extraversion. B. self-sufficiency. C. agreeableness. D. self-est...
Jan 24 2020Additional Assessment 201930 Review of Current Accounting IssuesValue: 25%Due Date: 1 September 2019Length: 3,000 words (guide)Submission method: email to ndavis@csu.edu....
Apr 14 2020In the United States, cartels are: a. quite common in industries that produce nondurable goods. b. in violation of the antitrust laws. c. concentrated in monopolisti...
Apr 13 2021According to the 2012 Value Line Investment Survey, the growth rate in dividends for IBM for the next five years is expected to be 12.5 percent. Suppose IBM meets this gr...
May 26 2020CCC4Cookie Creations is gearing up for the winter holiday season. During the month of December 2017, the following transactions occur.Dec. 1 Natalie hires an assistant at...
Nov 23 2019MCO Leather Goods manufactures leather purses. Each purse requires 2 pounds of direct materials at a cost of $3 per pound and 0.7 direct labor hours at a rate of $12 per ...
Aug 11 2020Use the data in BE3-5 and journalize the transactions. (You may omit explanations.)View Solution:
May 22 2020The demand curve for haircuts at Terry barnyards Hair Design is P=20-0.20Q Where Q is the number ) The demand curve for haircuts at Terry barnyards Hair Design is P=20-0....
May 07 2020Suppose that 37% of a community are at least 45 years old. If 80% of the time a person who is 45 or older tells the truth, and 65% of the time a person below 45 tells the...
Aug 05 2020You own a small farm near a large city, and you are about to decide whether to work on that small farm or take a job in the city. Your utility depends on your income per ...
May 11 2020