Year (iv) Use the forecast equation to obtain the projected rates for the quarters of 2021. Provide a table with your output variables. Period Forecast Seasonal Index Quarter CPI Seasonal rate Forecast Seasonalized Forecast (v) Compute the MSE, MAD and MAPE for the seasonalized forecast for 2019 manually (Show ALL workings). [ (F-A) (F-A)² (i) Using the MSE, MAD and MAPE, compare the forecasted data to the actual data for 2021 and comment on the accuracy of the forecasts obtained. (F-A)/A

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
Year Consumer price index
2001 0.9576707944
2001 1.043445267
2001 0.1314307172
2001 -0.2812675892
2002 0.3572771719
2002 1.086752857
2002 0.4263206673
2002 0.3137689184
2003 1.011959522
2003 0.364298725
2003 0.4900181488
2003 0.01806032147
2004 0.9028530155
2004 1.431639227
2004 0.352858151
2004 0.5977496484
2005 0.6291506466
2005 1.337269885
2005 1.216795201
2005 0.5079580088
2006 0.539083558
2006 1.692359249
2006 0.5602240896
2006 -0.8520399803
2007 1.019170385
2007 1.917329089
2007 0.2759287112
2007 1.711214555
2008 1.136773642
2008 2.195344656
2008 1.163055346
2008 -2.828529429
2009 -0.497633075
2009 1.060302337
2009 0.6790719816
2009 0.2011885888
2010 0.4014150536
2010 0.4750721517
2010 0.09325049836
2010 0.2949163207
2011 1.264822375
2011 1.743310892
2011 0.4085179843
2011 -0.1520557705
2012 0.7956386559
2012 0.8275317381
2012 0.219328148
2012 0.03604046954
2013 0.5903298758
2013 0.5409806119
2013 0.3779793413
2013 -0.2790676461
2014 0.7612225297
2014 1.180867814
2014 0.1146758445
2014 -0.8033517566
2015 -0.5431990017
2015 1.205595644
2015 0.2626773738
2015 -0.4498436877
2016 0.06463406581
2016 1.172350557
2016 0.3326819411
2016 0.2225741972
2017 0.790736963
2017 0.5435177058
2017 0.3966156914
2017 0.3706296363
2018 0.8861183798
2018 1.033075567
2018 0.3272675678
2018 -0.05749473626
2019 0.3351160343
2019 1.198513227
2019 0.2741660078
2019 0.2130179974
2020 0.4194274219
2020 -0.5400354172
2020 1.131485375
2020 0.2299502502

Using this information provided above please provide solutions for the questions in screen shot.

Year
(iv) Use the forecast equation to obtain the projected rates for the quarters of 2021.
Provide a table with your output variables.
Period
Forecast
Quarter CPI
rate
Seasonal
Index
(v) Compute the MSE, MAD and MAPE for the seasonalized forecast for 2019
manually (Show ALL workings).
Seasonal
Forecast
Seasonalized
Forecast
(F-A)
(F - A)²
(1) Using the MSE, MAD and MAPE, compare the forecasted data to the actual data
for 2021 and comment on the accuracy of the forecasts obtained.
(F - A)/A
Transcribed Image Text:Year (iv) Use the forecast equation to obtain the projected rates for the quarters of 2021. Provide a table with your output variables. Period Forecast Quarter CPI rate Seasonal Index (v) Compute the MSE, MAD and MAPE for the seasonalized forecast for 2019 manually (Show ALL workings). Seasonal Forecast Seasonalized Forecast (F-A) (F - A)² (1) Using the MSE, MAD and MAPE, compare the forecasted data to the actual data for 2021 and comment on the accuracy of the forecasts obtained. (F - A)/A
Expert Solution
steps

Step by step

Solved in 4 steps with 10 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
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…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
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
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman