Calculate the forecasted values of tempurature based on weeks using Exponential Smoothing. The predicted values are calculated for you in Column C. Required: Complete the rest of the table: Week Tempurature Predicted |e| e^2 1 10 - - - 2 14 10 3 8 11.6 4 25 10.16 5 16 16.096 6 22 16.0576 7 14 18.43456 8 35 16.66074 9 15 23.99644 10 27 20.39786 11 18 23.03872 12 40 21.02323 13 28 28.61394 14 40 28.36836 15 25 33.02102 16 65 29.81261 Calculate the MAE: Calculate the MSE: In which week was forecasted tempurature the closest to the actual tempurature?
Calculate the forecasted values of tempurature based on weeks using Exponential Smoothing. The predicted values are calculated for you in Column C. Required: Complete the rest of the table: Week Tempurature Predicted |e| e^2 1 10 - - - 2 14 10 3 8 11.6 4 25 10.16 5 16 16.096 6 22 16.0576 7 14 18.43456 8 35 16.66074 9 15 23.99644 10 27 20.39786 11 18 23.03872 12 40 21.02323 13 28 28.61394 14 40 28.36836 15 25 33.02102 16 65 29.81261 Calculate the MAE: Calculate the MSE: In which week was forecasted tempurature the closest to the actual tempurature?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
| Calculate the forecasted values of tempurature based on weeks using Exponential Smoothing. The predicted values are calculated for you in Column C. | ||||||
| Required: | ||||||
| Complete the rest of the table: | ||||||
| Week | Tempurature | Predicted | |e| | e^2 | ||
| 1 | 10 | - | - | - | ||
| 2 | 14 | 10 | ||||
| 3 | 8 | 11.6 | ||||
| 4 | 25 | 10.16 | ||||
| 5 | 16 | 16.096 | ||||
| 6 | 22 | 16.0576 | ||||
| 7 | 14 | 18.43456 | ||||
| 8 | 35 | 16.66074 | ||||
| 9 | 15 | 23.99644 | ||||
| 10 | 27 | 20.39786 | ||||
| 11 | 18 | 23.03872 | ||||
| 12 | 40 | 21.02323 | ||||
| 13 | 28 | 28.61394 | ||||
| 14 | 40 | 28.36836 | ||||
| 15 | 25 | 33.02102 | ||||
| 16 | 65 | 29.81261 | ||||
| Calculate the MAE: | ||||||
| Calculate the MSE: | ||||||
| In which week was forecasted tempurature the closest to the actual tempurature? |
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 5 steps
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