7 15 Compute MSE. (Round your answer to two decimal places.) MSE = What is the forecast for month 8?
7 15 Compute MSE. (Round your answer to two decimal places.) MSE = What is the forecast for month 8?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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
Transcribed Image Text:What type of pattern exists in the data?
The data appear to follow a seasonal pattern.
The data appear to follow a horizontal pattern.
The data appear to follow a cyclical pattern.
The data appear to follow a trend pattern.
(b) Develop the three-month moving average forecasts for this time series.
Time Series
Month
Forecast
Value
1
24
13
20
4
12
19
23
7
15
Compute MSE. (Round your answer to two decimal places.)
MSE =
What is the forecast for month 8?
O O O

Transcribed Image Text:Consider the following time series data.
Month
1
2
4
5
6.
7
Value
24
13
12
19
23
15
(a) Construct a time series plot.
30
30
30
25
25
25
20
15
15
10
10
5
5
5
1
2
3
4
5 6
7
8
2
4
5
7
8
1
2
4
5
7
8
Month
Month
Month
30
25
15
10
5
+
1
3
4
5 6
7
8
Month
3.
20
2.
Time Series Value
Time Series Value
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