Calculate the mean absolute percent error

Reference no: EM131843704

Question: A Canadian tourist travelling to Miami learned that the local temperatures in Fahrenheit for the last week were as follows:

93, 94, 93, 95, 96, 88, 90

(yesterday).

- Forecast the high temperately today, using a three-day moving average.

- Forecast the high temperature today, using a two-day moving average.

- Calculate the mean absolute deviation based on a two-day moving average.

- Compute the mean squared error for the two-day moving average.

- Calculate the mean absolute percent error for the two-day moving average.

Reference no: EM131843704

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