Corporate triple-A bond interest rates for 12 consecutive months follow. Month 1 2 3 4 5 6 7 8 9 10 11 12 Value 9.5 9.3 9.4 9.6 9.8 9.7 9.8 10.5 9.9 9.7 9.6 9.6 a. Construct a time series plot. What type of pattern exists in the data? b. Develop the three-month moving averages for this time series. Compute MSE. c. Compute MAE. d. Compute MAPE. e. What is the three-month moving average forecast for the next month (month 13)?
Corporate triple-A bond interest rates for 12 consecutive months follow. Month 1 2 3 4 5 6 7 8 9 10 11 12 Value 9.5 9.3 9.4 9.6 9.8 9.7 9.8 10.5 9.9 9.7 9.6 9.6 a. Construct a time series plot. What type of pattern exists in the data? b. Develop the three-month moving averages for this time series. Compute MSE. c. Compute MAE. d. Compute MAPE. e. What is the three-month moving average forecast for the next month (month 13)?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Corporate triple-A bond interest rates for 12 consecutive months follow.
Month | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |
Value | 9.5 | 9.3 | 9.4 | 9.6 | 9.8 | 9.7 | 9.8 | 10.5 | 9.9 | 9.7 | 9.6 | 9.6 |
a. Construct a time series plot. What type of pattern exists in the data?
b. Develop the three-month moving averages for this time series. Compute MSE.
c. Compute MAE.
d. Compute MAPE.
e. What is the three-month moving average
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