32 is the whole 12.16 is 12 percent of 32
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:
64
Step-by-step explanation:
Evaluate the parenthesis before doing the addition, that is
(6 × 9) + (7 + 3)
= 54 + 10
= 64
Answer:
answer = -12
Step-by-step explanation:
substitute y as -3 and z as 4
3(-3) - 2(4) + 5
-9-8+5
-17+5
-12
