Daily high temperatures in st. Louis for the last week were as follows: 33,33,38,36,43,23,28(yesterday).Calculate the mean absolute deviation based on a 3 day moving average?In my text book it say that you need the actual forecast however, the problem never gives me the real temp thus creating a problem to calculate mean absolute deviation? any help would be greatly appreciated

Question

Daily high temperatures in st. Louis for the last week were as follows: 33,33,38,36,43,23,28(yesterday).

Calculate the mean absolute deviation based on a 3 day moving average?

In my text book it say that you need the actual forecast however, the problem never gives me the real temp thus creating a problem to calculate mean absolute deviation? any help would be greatly appreciated

Expert Answer

Want to see the step-by-step answer?

Check out a sample Q&A here.

Want to see this answer and more?

Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*

*Response times may vary by subject and question complexity. Median response time is 34 minutes for paid subscribers and may be longer for promotional offers.
Tagged in
Business
Operations Management

Causal forecasting method

Related Operations Management Q&A

Find answers to questions asked by students like you.

Q: What skills should a person have for managing a business unit following a differentiation strategy? ...

A: Differentiation strategy:Differentiation strategy is the strategy followed by the firm to differenti...

Q: How is planning and conrol linked?

A: Planning:Planning is the initial step in establishing an objective or accomplishing it. Planning is ...

Q: Summarize two concerns regarding cash balance plans.

A: Cash-balance plans The cash-balance plan refers to the pension plans where the employees’ account is...

Q: you decide to estimate duration and standard deviation of a project using PERT method. the project h...

A: This is a PERT method using probabilistic time estimates. Assuming a beta distribution the expected ...

Q: A Lighting company seeks to study the percentage of the defective glass shells being manufactured. T...

A: Since we have the data on 3 factors (temperature, humidity and expertise) and each of the factors ha...

Q: Brandon is considering expansion of a store. If he expands, the interest rate at which he borrows th...

A: The decision tree has been represented as shown in the diagram.

Q: Explain the difference between an observational study and a designed experiment.

A: Meaning:An observational study in an experiment is defined as a study where the research does not in...

Q: What are authors saying about control management?

A: A management characteristic aimed toward reaching defined desires inside a longtime procedure and no...

Q: What is ABC inventory system?

A: Define ABC inventory system:ABC inventory system is the system that comes under material management ...

Q: describe the shifts in the world economy over the past 30 years. what are the implications of these ...

A: Globalization has increased the trade over the past 30 years. Globalization has brought a significan...

Q: A vending machine dispenses hot chocolate or coffee. Service time is 30 seconds per cup and is const...

A: The service rate µ = 1 / 0.5 cups per min i.e. 2 or 120 cups per hour.The arrival rate λ = 76 cups p...

Q: what were some Red Flags that fraud was occuring in Fraud in Dixon, Illinois

A: About red flgs:1)Problems associated with mediation or gambling.2)personal debt issues,3)significant...

Q: Grocers Inc. is considering offering a purified water service through a contract company that would ...

A: Step1: Calculating the value of annual break-even point for Clear Water. We have, The formula of ann...

Q: Discuss how a development in a corporation’s natural and societal environments can affect the corpor...

A: The way the development in a natural and societal environment affect the corporation through task en...

Q: George Johnson recently inherited a large sum of money;he wants to use a portion of this money to se...

A: (a) In the linear program the general mathematical model and the linear objective function set of li...

Q: Explain how the buying behavior of business customers in different countries may have been a factor ...

A: 1)Buying conduct of business clients in numerous countries consequences in generation of a variety o...

Q: Grafton Metalworks Company produces metal alloys from six different ores it mines. The company has a...

A: Linear programming:It is a mathematical modelling method in which a linear function is maximized or ...

Q: QUESTIONS FOR DISCUSSION AND REVIEW 1. What is meant by and what are some examples of globalization?...

A: Step1: We shall answer the first question since the exact one was not specified. Please submit a new...

Q: In this course we’ll be talking about how management science can help managers make good decisions. ...

A: In our everyday life we encounter with a number of problems, so, solving those problems and making a...

Q: I need to find a problem in my internship and write an essay about it. My problem is that they need ...

A: project management is the important tool beacause it gives leadership and direction to the projects.

Q: Discuss the use of text messaging in business settings. What are the advantages of this method of co...

A: Text messaging is useful for conveying structured and unstructured text in business settings. Short ...

Q: Define political behavior and explain its features. What are positive and negative aspects of politi...

A: Political behavior:Political behavior in an organization is the natural part, which would influence ...

Q: Do you provide help with Management Information Systems?

A: Step1: Management Information System:A management information system is a computerized database of f...

Q: What is the relevance of the resource-based view of the firm to strategic management in a global env...

A: The relevance of the research-based view of the firm to strategic management in a global environment...

Q: What is critical path method?

A: Critical path method (CPM):The CPM is a project management technique executed in a step-by-step mann...

Q: Maxwell Manufacturing makes two models of felt tip marking pens. Requirements for each lot of pen......

A: Let us assume that x1 amount of Fliptop and x2 amount of Tiptop models are produced, then the object...

Q: John's House of Pancakes uses a weighted moving average method to forecast pancake sales.  It assign...

A: Weighted moving average:In weighted moving average equal weights are assigned to all periods in the ...

Q: What industry forces might cause a propitious niche to appear or disappear?

A: 1)Propitious niche of interest will disappear if the external setting and consequently the trade cha...

Q: can I get answer explained.A dentist charges patients $100 for teeth cleaning and pays his dental hy...

A: Let us considerNo of patients visited to doctor per day is =xNo. of dental hygienists per day is=yTh...

Q: document key factors a production manager needs to consider when scheduling production in the organi...

A: Key factors a production manager needs to consider when scheduling production in the organization:(1...

Q: I need a detailed assistance to solve this problem in: Operations Analysis. 3) A chemical manufactur...

A: Step1: Calculating the value of optimal production lot for the compound. We have,Model Name: Economi...

Q: Organizational Behavior (17th edition) stephen Robbin Why is it important to complement intuition wi...

A: Organizational behaviour:Organizational behaviour is the study of understanding how people behave wi...

Q: Most experts believe that an ERP system, with all the advantages it offers, also has drawbacks, such...

A: Through ERP systems have on top of mentioned drawbacks however the advantage it gives to the organiz...

Q: Twelve samples, each containing five parts, were taken from a process that produces steel rods. The ...

A: In order to plot the x-bar chart the mean of sample means and sample ranges are calculatedx’’ = (10....

Q: Organizational Behavior (17th edition) stephen Robbin Why do only a few absolutes apply to organizat...

A: Organizational behavior:The study about the behavior of human being is said to be organizational beh...

Q: What is seasonality?How do we forecast using data that has seasonality?

A: Seasonality in time series data is the occurrence of repetitive up and down cycles in series values ...

Q: Apex Brothers builds birdhouses for its customers. The average birdhouse is priced at $30. Labor cos...

A: Step1: Calculating the value of labour productivity. We have,Labour productivity is the ratio of out...

Q: What kind of white-collar crime involves billing for health care services that have not been perform...

A: White collar crimes: are also known as corporate crimes. These involve criminal activities which are...

Q: Describe post-sale service arrangements the firm does or should provide?Explain how the firm’s repai...

A: Click to see the answer

Q: Explain how the seven differences between goods and services would be applied to a major airline ser...

A: Introduction- Goods refer to any physical quantity which can be touched whereas the services are any...

Q: True or False? Output control involves setting goals for subunits in terms of past behaviors.

A: YesThe above statement is true

Q: Given the following information, calculate the multifactor productivity in terms of revenue per mult...

A: Here first we have to find the multifactor productivity by using below formula we getMulitifactor pr...

Q: You own a coffee shop in a metro Toronto shopping mall. It is Friday evening and you are trying to ...

A: We have to find the value of payoff for quality baked(Q)+demand(D) by using below formula

Q: Why do senior executives feel more comfortable relying on quantitative data than qualitative data? H...

A: Quantitative data: Quantitative data is the data received as a measure of a performance usually expr...

Q: Use Pareto analysis to investigate the following data collected on a printed-circuit-board assembly ...

A: Given information:

Q: ProHaul specializes in trans-American shipments for businesses through the delivery of containers. ...

A: Step1: Calculating the value of break-even sales for the company. We have,Break-Even Sales = Fixed C...

Q: What are 3 key differences between an executive order and a congressional law?

A: Executive order:In the U.S the president acts as each head of state and head of presidency.Through t...

Q: Choose two different student organizations in your school.List the group characteristics of each of ...

A: Let the two groups be student activities center and the canteen food committee:Student activities ce...

Q: A list of 16 issues that led to incorrect formulations in Tuncey Bayrak’s jam manufacturing unit in ...

A: Fishbone diagram:It is a graphical representation of categorizing potential causes of problems in or...

Q: Organizations do not always stay with the basis of departmentalization they first adopt, as is the c...

A: Departmentalization:It is the formal structure of an organization which is composed of many departme...