Suppose these data show the number of gallons of gasoline sold by a gasoline distributor in Bennington, Vermont, over the past 12 weeks. Sales (1,000s of gallons) Week 1 2 3 4 5 6 7 8 to ch 9 o Week 11 12 1 2 3 4 5 6 7 8 9 (a) Compute four-week and five-week moving averages for the time series. 5-Week 4-Week Moving Moving Average Forecast 10 12 17 21 19 24 18 16 21 18 23 21 17 15 21 Time Series Value 22 19 24 18 16 21 18 23 21 15 22 20.25 20.5 Average Forecast 19.25 19.75 18.25 19.5 20.75 19.25 ✓ ✓ 19.8 19.6 19.6 19.4 19.2 19.8 19.6 ✓ ✓ (b) Compute the MSE for the four-week moving average forecasts. (Round your answer to two decimal places.) 19.69 X Compute the MSF for the five-week moving average forecasts. (Round your answer to two decimal places)

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ISBN:9781305652231
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Chapter4: Polynomial And Rational Functions
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Problem 11SC: Find the mean hourly cost when the cell phone described above is used for 240 minutes.
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Suppose these data show the number of gallons of gasoline sold by a gasoline distributor in Bennington, Vermont, over the past 12 weeks.
Sales (1,000s
of gallons)
Week
1
2
3
لیا
4
in
5
6
7
8
9
10
Week
11
12
1
2
3
4
5
6
7
8
9
10
(a) Compute four-week and five-week moving averages for the time series.
4-Week
Moving
Average
Forecast
11
12
17
21
19
24
18
16
21
18
23
21
17
15
21
Time Series
Value
22
19
24
18
16
21
18
23
21
15
22
20.25
20.5
19.25
19.75
18.25
19.5
20.75
19.25
✔
✔
✔
✓
19.8
19.6
19.6
19.4
19.2
19.8
19.6
5-Week
Moving
Average
Forecast
✔
(b) Compute the MSE for the four-week moving average forecasts. (Round your answer to two decimal places.)
19.69
x
Compute the MSE for the five-week moving average forecasts. (Round your answer to two decimal places.)
Transcribed Image Text:Suppose these data show the number of gallons of gasoline sold by a gasoline distributor in Bennington, Vermont, over the past 12 weeks. Sales (1,000s of gallons) Week 1 2 3 لیا 4 in 5 6 7 8 9 10 Week 11 12 1 2 3 4 5 6 7 8 9 10 (a) Compute four-week and five-week moving averages for the time series. 4-Week Moving Average Forecast 11 12 17 21 19 24 18 16 21 18 23 21 17 15 21 Time Series Value 22 19 24 18 16 21 18 23 21 15 22 20.25 20.5 19.25 19.75 18.25 19.5 20.75 19.25 ✔ ✔ ✔ ✓ 19.8 19.6 19.6 19.4 19.2 19.8 19.6 5-Week Moving Average Forecast ✔ (b) Compute the MSE for the four-week moving average forecasts. (Round your answer to two decimal places.) 19.69 x Compute the MSE for the five-week moving average forecasts. (Round your answer to two decimal places.)
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