(b) Compute the MSE for the four week maving average forecasts. (Round your answer to two decimal places.)Compute the MSE for the five-week moving average forecasts. (Round your answer to two decimal places.)(c) what appears to be the best number of weeks of past data (three, four, or five) to use in the moving average computation? MSE for the three-week maving average is740.Three weeks appears to be best, because the three-week moving average provides the smallest MSE.Three weeks appears to be best, because the three-week moving average provides the largest MSE.Four weeks appears to be best, because the four-week moving average provides the smallest MSE.OFive weeks appears to be best, because the five-week moving average provides the smalest MSE.O None appear better than the others, because they all provide the same MSE. (a) Compute four-week and five-week moving averages for the time series.4-WeekMovingAverageForecast5-WeekTime SeriesValueMovingAverageWeekForecast1721194.231961721819221021111612221.2.3.5.6.

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Answered: (a) Compute four-week and five-week…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

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Problem 1P

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Data shows the temperature for the months of Novemember 2020 and November 2021. Date 2020 2021 1-Nov 55 61 2-Nov 47 52 3-Nov 57 55 4-Nov 67 53 5-Nov 70 55 6-Nov 73 55 7-Nov 77 56 8-Nov 80 68 9-Nov 79 72 10-Nov 76 67 11-Nov 72 67 12-Nov 60 65 13-Nov 54 64 14-Nov 54 47 15-Nov 66 50 16-Nov 54 50 17-Nov 49 61 18-Nov 38 72 19-Nov 50 50 20-Nov 65 49 21-Nov 66 56 22-Nov 60 50 23-Nov 55 45 24-Nov 50 46 25-Nov 61 59 26-Nov 68 48 27-Nov 62 43 28-Nov 57 43 29-Nov 59 44 30-Nov 67 41 Find the mean, median, mode and range for each group.
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(a) Compute four-week and five-week moving averages for the time series. 4-Week Moving Average Forecast 5-Week Moving Average Time Series Value Week Forecast 17 21 19 4. 23 19 6 17 21 8 19 9. 22 10 21 11 16 12 22 2. 3. 5.