Use the following data on the number of gallons of ice cream sold by a local retailer each month to answer questions 5-6 below. Month Jan Feb Mar Apr Demand 280 293 283 265 MA Forecast
Use the following data on the number of gallons of ice cream sold by a local retailer each month to answer questions 5-6 below. Month Jan Feb Mar Apr Demand 280 293 283 265 MA Forecast
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
Answer all parts otherwise skip
![Use the following data on the number of gallons of ice cream sold by a local retailer each month to
answer questions 5-6 below.
C.
Month
Jan
Feb
Mar
Apr
May
June
a. 276
b. 279
280
d. 286
a.
July
Aug
5. The forecast (rounded to nearest integer) for the following month using a 4-period moving average is
C.
Demand
280
293
283
265
256
295
288
276
14.6
d. 58.3
MA Forecast
6. Calculate the Average Error for the above MA forecasts.
2.5
b. 9.8
280
274
275
276](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdef75184-4297-4fea-b9dc-4d01fd1b67d5%2F7980b543-5328-4a44-bb89-1e6d98f7d8d7%2Fbkif7k3_processed.png&w=3840&q=75)
Transcribed Image Text:Use the following data on the number of gallons of ice cream sold by a local retailer each month to
answer questions 5-6 below.
C.
Month
Jan
Feb
Mar
Apr
May
June
a. 276
b. 279
280
d. 286
a.
July
Aug
5. The forecast (rounded to nearest integer) for the following month using a 4-period moving average is
C.
Demand
280
293
283
265
256
295
288
276
14.6
d. 58.3
MA Forecast
6. Calculate the Average Error for the above MA forecasts.
2.5
b. 9.8
280
274
275
276
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
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](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
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…](https://www.bartleby.com/isbn_cover_images/9780134683416/9780134683416_smallCoverImage.gif)
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
![The Basic Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319042578/9781319042578_smallCoverImage.gif)
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](https://www.bartleby.com/isbn_cover_images/9781319013387/9781319013387_smallCoverImage.gif)
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman