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Since the beginning of the year, the purchase manager at a department store has been recording sales data to be used to compute 4-period moving averages to forecast sales for an upcoming month. Sales data for the months of January through August are reported in the table below. January February March April May June July August Month Sales 40 29 27 41 27 27 26 32 Computed forecast values are not rounded. Compute the mean squared error (MSE) for four-period moving average forecasts. Round to a whole number.

Since the beginning of the year, the purchase manager at a department store has been recording sales data to be used to compute 4-period moving averages to forecast sales for an upcoming month. Sales data for the months of January through August are reported in the table below. January February March April May June July August Month Sales 40 29 27 41 27 27 26 32 Computed forecast values are not rounded. Compute the mean squared error (MSE) for four-period moving average forecasts. Round to a whole number.

MATLAB: An Introduction with Applications
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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Since the beginning of the year, the purchase manager at a department store has been recording sales data to be used to compute 4-period moving averages to forecast sales for an upcoming month. Sales data for the months of January through August are reported in the table below. January February March April May June July August Month Sales 40 29 27 41 27 27 26 32 Computed forecast values are not rounded. Compute the mean squared error (MSE) for four-period moving average forecasts. Round to a whole number.
Transcribed Image Text:Since the beginning of the year, the purchase manager at a department store has been recording sales data to be used to compute 4-period moving averages to forecast sales for an upcoming month. Sales data for the months of January through August are reported in the table below. January February March April May June July August Month Sales 40 29 27 41 27 27 26 32 Computed forecast values are not rounded. Compute the mean squared error (MSE) for four-period moving average forecasts. Round to a whole number.
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