Answer:m=3
Step-by-step explanation:
Answer:
answer is 103
Step-by-step explanation:
25+52+x=180
x=77
subtract 180 - 77 = 103
answer is 103
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Answer:
2
Step-by-step explanation:
your welcome
Sales tax = 6% or 6/100.
assuming tax is added onto the item:
total cost function f(x) = price + tax
however, assuming the cost price = sales price - tax, then:
f(x) = sales price - tax
This is not really a business or accounting forum, its a maths forum, so you need to be clearer about business or accounting terms such as total cost, selling price, selling cost.
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
