Answer:
1% of 4000 + 4% of B = 2% of (4000 + B)
40 + 0.04*B = 0.02( 4000 + B)
40 + 0.04* B = 80 + 0.02*B
40 + 0.04*B - 80 - 0.02B = 0
0.02*B - 40 = 0
0.02*B = 40
2B = 4000
B = 2000
Step-by-step explanation:
Your answer will be letter c
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:
None of the above
Step-by-step explanation:
x-1/3 = k
We know that k=3, so we can substitute that into the equation
x-1/3 = 3
Add 1/3 to each side
x-1/3 + 1/3 = 3+1/3
x = 3 1/3 or as an improper fraction 10/3
