Lowest mad value for any of the methods

Assignment Help Basic Statistics
Reference no: EM131555419

1) The actual values for 12 periods (shown in order) are:

(1) 45  (2) 52 (3) 48 (4) 59  (5) 55  (6) 54  (7) 64  (8) 59  (9) 72  (10) 66  (11) 64  (12) 78

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?

Reference no: EM131555419

Questions Cloud

Find bases for the null spaces : Find bases for the null spaces of the matrices given in.
Determine which ones are linearly independent : Determine whether the sets in bases for R3. Of the sets that are not bases, determine which ones are linearly independent and which ones span R3.
Find a nonzero vector w that generates that line : Then H and K are subspaces of R3. In fact, H and K are planes in R3 through the origin, and they intersect in a line through 0.
Decision making under uncertainty : a. Discuss the differences among decision making under certainty, decision making under risk, and decision making under uncertainty
Lowest mad value for any of the methods : Considering only the forecasts for period 6-12, what is the lowest MAD value for any of the methods?
What percentage of hospitals provide at least some charity : What percentage of hospitals provide at least some charity care? Based on a random sample of hospital reports from eastern states
Find a nonzero vector : With A as in Exercise, find a nonzero vector in Nul A and a nonzero vector in Col A.
The price of the stock at the end of the first year : You buy a stock today for $60. The price of the stock at the end of the first year is normally distributed with a mean of 60+0.97 and a standard deviation of 4.
Probability that the sample mean scores : What is the probability that the sample mean scores will be between 100 and 115 points.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Confidence interval-population variance-standard deviation

Check whether the following sample has been drawn from a Normal population. Calculate 95% Confidence interval for population Variance and standard deviation.

  Application of sampling methods

The problem related to Basic Statistics and it discuss about giving an example on one of the application of sampling methods and how the sample is statistically important in allowing in taking decisions on the entire population

  Rectify the process producing the cylindrical engine

Again consider the automobile parts supplier situation. Remember that a problem-solving team will be assigned to rectify the process producing the cylindrical engine parts if the null hypothesis H0: µ = 3 is rejected in favor of Ha: µ ≠ 3. In thi..

  Professor han method

a). Is this evidence at 1% level that Professor Han's method produces less than 25% grades less than a C? b). What is the p-value for your test?

  Standard methods for linear statistical prediction

Using standard methods for linear statistical prediction, find the percent increase in sales revenue that would be expected if the price were lowered by 15%. Find the usual measure of the strength of association between price reduction and sales re..

  What is the probability of giving birth to no females

A certain laboratory animal used in preclinical evaluations of experimental catheters gives birth to only one offspring at a time. The probability of giving birth to a male or a female offspring is equally likely. In three consecutive pregnancies ..

  I being female is independent of being left-handed what

in a large population the percentages of males and females are both 50 while 15 are left-handed with the remaining 85

  Give examples of two variables that are positively

1. give examples of two variables that are positively correlated and two that are negatively correlated.2. what

  Continuous random variable

X is a continuous random variable uniformly distributed on [20, 45] that is, the end points c = 20 and d = 45.

  Large percentage of customers

A lawsuit has been filed against your company by a disgruntled employee. It seems that the bonuses you awarded were flawed and those who were awarded bonuses based on their high transactions only did because they ignored a large percentage of cust..

  What is the combined median for exam

A professor took a sample of 194 students from her morning class and 131 in the evening class. On the 1st exam, all those sampled from the morning class got 64 while those sampled from the evening averaged to 71 with a variance of 179. If the two ..

  Compute the grouped data mean

Compute the grouped data mean for this distribution. Use MINITAB and using the original scores, compute the raw-data mean. Use MINITAB.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd