1. Given the following data:Prepare a forecast using each of these approachesa. Naiveb. A 3-period moving averagec. A weighted average using weights of 0.50 (most recent), 0.30, and 0.20d. Exponential smoothing with a smoothing constant Of 0.40NO. OF COMPLAINTSPERIOD160265554.58643.

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Answered: 1. Given the following data: Prepare a…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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4 pts Problem #1a: Use a two-month moving average to create a forecast for May. Calculate the forecast errors associated the moving average forecasts. Month Demand January 18 February 23 March 20 April 16 May ??? Edit View Insert Format Tools Table | в I U 12pt v Paragraph v MacBook Pro &
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Step 4 The following table summarizes the given data and the forecast values. There will not be a forecast error for the first month. Complete the columns for the forecast error and squared forecast error. Month Value Forecast Value 1 2 3 4 5 6 7 19 27 23 28 24 23 28 19 23 23 24.25 24.2 24 Forecast Error Actual - Forecast Submit Skip (you cannot come back) 27 19 = 8 0 5 -0.25 4 Total Squared Forecast Error (Actual - Forecast)² (8)² = 64 0 1.44 The MSE will be the average of the squared forecast error column. Find the average of this column, rounding the result to two decimal places. MSE =
If a forecaster wanted to choose a forecasting model that avoided having a large forecasting error in any given period, which error metric should they use when evaluating their forecasting options? CFE O AFE MAD MAPE O MSE
In Table L-1, the total value of imports of Indonesian goods and services from China for the 2010-2019 period is reported on a quarterly basis. With this data you are asked to analyze it with the Trend model and Seasonal Index. Question: a. Calculate a moving average with the average period length of 4 or MA (4) [why four?] And put the results in a column. Beware of selecting the rows to place the average result. b. Calculate the moving average with the length of the average period is 2 from the data in column MA (4) and the result is given the symbol MA (2x4) and the result is placed in a column. Beware of selecting the rows to place the average result. c. Calculate the ratio to the Moving Average (Y / MA (2x4)) and place it in a new column! d. Calculate a seasonal index and interpret the results! e. Create a Deseasonalized data series and place it in a new column! f. Plot the Dessasonalized data series and read the long-term movement patterns of data! Remember that understanding of…

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1. Given the following data: Prepare a forecast using each of these approaches a. Naive b. A 3-period moving average c. A weighted average using weights of 0.50 (most recent), 0.30, and 0.20 d. Exponential smoothing with a smoothing constant Of 0.40 NO. OF COMPLAINTS PERIOD 60 2 65 55 4 58 64 3.