(a) Compute MSE using the most recent value as the forecast for the next period. What is the forecast for month 8?The MSE, mean squared error, is a measure of forecast accuracy and is the average of the squared forecast errors. Before this can be found, we first needto find the forecast values, forecast error, and squared forecast errors.Forecasts will be made using the most recent values known. There will be no forecast for the first month. The forecast value for month 2 will be theobserved value from month 1, so the forecast value for month 2 isThe forecast value for month 3 will be the observed value from monthThis pattern will continue for the rest of the months.2, so the forecast value for month 3 isComplete the column for the forecast value in the table below.Month Value Forecast Value1182263224275239222272727Find the forecast for month 8 using this pattern.Type here to searchL W☑38200m3:36 PM72°F5/9/202410

Step 1: Complete the table using the "most recent value" as forecast for the next period.To do this,…

Answered: (a) Compute MSE using the most recent…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

The following is data for the first and second Quiz scores for 8 students in a class. First Quiz (Q1) Second Quiz (Q2) 15 15 16 13 17 15 22 21 24 24 26 21 29 27 30 27 Plot the points in the grid below, then sketch a line that best fits the data. Use the line above to predict the value of the second quiz score if a student had a score of 1212 on the first test. (Please enter a whole number)
State if these variables would be expected to have a positive, negative, or no association. A. Number of schools and population size. o Positive Negative No association B. Income and number of health conditions. Positive o Negative No association C. Time spent meditating and stress level. Positive o Negative No association D. Number of pets and amount of money spent on printer ink. Positive Negative o No association E. Life expectancy and death rate. Positive Negative o No association
Use a calculator or computer software to generate a normal quantile plot for the data in the accompanying table. Then determine whether the data come from a normally distributed population. Click the icon to view the data set. Generate a normal quantile plot for the data. Choose the correct graph below. OA. 3.00 2.00- 1.00- 0.00- -1.00- Q Q -2.00 -3.00 100 200 300 400 500 0 X Value OB. 3.00 2.00- 1.00- 0.00- -1.00- -2.00- -3.00- ... 0 100 200 300 400 500 X Value Q Q G O C. 3.00 2.00 P 1.00 0.00- -1.00- -2.00- 0 100 200 300 400 500 X Value -3.00+ Determine whether the data come from a normally distributed population. Choose the correct answer below. OA. The distribution is not normal. The points are not reasonably close to a straight line. OB. The distribution is normal. The points show a systematic pattern that is not a straight-line pattern. OC. The distribution is not normal. The points show a systematic pattern that is not a straight-line pattern. OD. The distribution is normal. The…
prove that If we multiply the data values by a constant (say, c), value of geometric mean will be affected. how this will affect the geometric mean? Use the equation in image to prove it, and give an example.
Use this data which give the dosage levels for a particular drug and the heart rate measured 30 minutes after taking the drug. Dose (mg) Heart rate 0.125 95 0.20 90 0.25 93 0.30 92 0.35 88 0.40 80 0.50 82 Create a scatter plot. Use your Ti-84
Please help me with this. It only needs an answer.. Just this please.. You don't need to solve anymore. I promise to give a good feedback.. *If exactly one number in a set of data is changed, then this necessarily change the mean of the set. Which of the following is the best reason for this? a. To get the mean, decreasing or increasing arrangement of data is necessary.b. The mean is computed by using the number of data as the divisor.c. The mean is computed by using the sum of all the data.d. The location of the mean will change. *If you are investing, opting for compound interest is better since it permits funds to grow at a faster rate than it would in an account with a simple interest rate. a. True b. False
The authors of a paper were interested in how the distance a deer mouse will travel for food is related to the distance from the food to the nearest pile of debris. Distances were measured in meters. The data and computer output are given below. Distance from Debris Distance Traveled 6.94 0.00 5.23 6.13 5.21 11.29 7.10 14.35 8.16 12.03 5.50 22.72 9.19 20.11 9.05 26.16 9.36 30.65 Simple Linear Regression Results: Dependent Variable: Traveled Independent Variable: Debris Sample size: 9 R (correlation coefficient) = 0.5657 R-sq = 0.32002088 Estimate of error standard deviation 8.670711 Parameter estimates: Parameter Estimate Std. Err. Alternative DF T-Stat P-Value Intercept -7.6854587 13.332196 ≠ 0 7 -0.5764586 0.5824 Slope 3.2340908 1.7818117 ≠ 0 7 1.8150575 0.1124 a)What is the least squares regression line for the output given above? b) what is the predicted traveled distance given the distance from debris is 6.5 meters?
If we multiply the data values by a constant (say, c), how this will affect the geometric mean? Use the equation in image to prove it, and give an example.
Please answer ASAP Economics The estimated equation of housing expenditures in USA using 14 data is estimated as follow: HOUS: Housing expenditures ($), INC: Income ($). Standard errors are in parenthesis. HOUS = -740000000 + 41727767 In (INC) (53455198) (2790582) R2 = 0.96 The mean of housing expenditures is 180 (milllion $) and the mean of income is 420 million $. What is the elasticity of housing expenditures?
Answer for b c d
sQ. 16 Explain the method of simple averages of computing the indices of seasonal variations.
Use the example of temperature and the amount of ice cream sold in a city each day, we are interested in creating an equation that will allow us to predict the amount of ice cream that are sold in the future simply by knowing temperature. (Please fill out the red blanks with appropriate numbers randomly.) a. Construct a scatter plot of the data. What should the independent variable be? Why? b. Find the values and discuss what the following mean in context.i. The slope of the regression equationii. The y-intercept of the regression equationiii. The correlation riv. The coefficient of determination r2. c. Do the data provide convincing evidence that there is a linear relationship between temperature and the amount of ice cream Carry out an appropriate test at a significance level of 0.05 to help answer this question.

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS