Refer to the gasoline sales time series data in the given table. Week Sales (1000s of gallons) 1 18 2 22 3 18 4 22 5 18 6 16 7 20 8 19 9 23 10 21 11 14 12 23
Refer to the gasoline sales time series data in the given table. Week Sales (1000s of gallons) 1 18 2 22 3 18 4 22 5 18 6 16 7 20 8 19 9 23 10 21 11 14 12 23
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
Refer to the gasoline sales time series data in the given table.
Week | Sales (1000s of gallons) |
1 | 18 |
2 | 22 |
3 | 18 |
4 | 22 |
5 | 18 |
6 | 16 |
7 | 20 |
8 | 19 |
9 | 23 |
10 | 21 |
11 | 14 |
12 | 23 |
Compute four-week and five-week moving averages for the time series. If required, round your answers to two decimal places.
Week |
Sales |
4 Period Moving Average |
5 Period Moving Average |
1 | 18 | ||
2 | 22 | ||
3 | 18 | ||
4 | 22 | ||
5 | 18 | ||
6 | 16 | ||
7 | 20 | ||
8 | 19 | ||
9 | 23 | ||
10 | 21 | ||
11 | 14 | ||
12 | 23 |
Compute the MSE for the four-week and five-week moving average forecasts. If required, round your intermediate calculations to four decimal places and round your final answers to three decimal places.
MSE for four-week moving average =
MSE for five-week moving average =
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