Answer:
Growth: 3
y-intercept: 5
Step-by-step explanation:
1. Find the equation in slope-intercept form:
-6x+2y=10
2y=6x+10
y=3x+5
2. Then we can easily identify the growth and y-intercept.
Growth: 3
y-intercept: 5
1/2 x 2= 1
1/8 x 2= 1/4
3/8 x 2= 3/4
3/4 x 1/4 = 3/16
3/16 x 1 = 3/16
YOUR ANSWER IS 3/16 dry ingredients
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
