Answer:
(a) MAE = 5.20
(b) MSE = 10
(c) MAPE = 38.60%
(d) Forecast for week 7 = 14
Step-by-step explanation:
Note: See the attached excel for the calculations of the Error, Error^2, and Error %.
(a) mean absolute error
MAE = Total of absolute value of error / Number of observations considered = |Error| / 5 = 26 / 5 = 5.20
(b) mean squared error
MSE = Total of Error^2 / Number of observations considered = Error^2 / 5 = 150 / 5 = 10
(c) mean absolute percentage error (Round your answer to two decimal places.)
MAPE = Total of Error % / Number of observations considered = Error % / 5 = 193.02 / 5 = 38.60%
(d) What is the forecast for week 7?
Since the forecast is based on the naive method (most recent value), the forecast for week 7 is value for week 6. Therefore, we have:
Forecast for week 7 = 14
Answer:
148.005
Step-by-step explanation:
Anything to the power of 0 is 1
So for the top, 2^0 = 1
For the bottom, 10^0 = 1
It is not 0, because anything that ends with 0/0 is <em>undetermined</em>, and will not result in an answer
hope this helps
The answer is 280
28x10=280
Answer:
40
Step-by-step explanation:
S x .35 = 14
S = 14/.35
S = 40
Verify:
40 x 35% = 14
