The MSE is to be calculated again, but this time will be based on the forecasts made using the average of the data. The given data follow. Month 1 2 3 4 5 6 7 Value 18 26 22 27 23 22 27 The forecast for month 2 will be the observed value from month 1. The forecast for month 3 will be the average of the observed values from months 1 and 2. The forecast for month 4 will be the average of the observed values from months 1, 2, and 3. Complete the column of forecast values using this method. Month Value 1 18 2 26 3 22 4 27 5 23 6 22 7 27 Forecast Value 18+ 26 2 = 18+ 26 +22 3 18 Find the forecast for month 8 using this pattern. (Round your answer to two decimal places) Type here to search W 43 H 72°F 8:55 PM 5/9/2024 10 PRD +
The MSE is to be calculated again, but this time will be based on the forecasts made using the average of the data. The given data follow. Month 1 2 3 4 5 6 7 Value 18 26 22 27 23 22 27 The forecast for month 2 will be the observed value from month 1. The forecast for month 3 will be the average of the observed values from months 1 and 2. The forecast for month 4 will be the average of the observed values from months 1, 2, and 3. Complete the column of forecast values using this method. Month Value 1 18 2 26 3 22 4 27 5 23 6 22 7 27 Forecast Value 18+ 26 2 = 18+ 26 +22 3 18 Find the forecast for month 8 using this pattern. (Round your answer to two decimal places) Type here to search W 43 H 72°F 8:55 PM 5/9/2024 10 PRD +
Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter9: Solving Quadratic Functions
Section: Chapter Questions
Problem 4CA
Related questions
Question
![The MSE is to be calculated again, but this time will be based on the forecasts made using the average of the data. The given data follow.
Month
1
2
3
4
5
6
7
Value 18
26
22
27
23
22
27
The forecast for month 2 will be the observed value from month 1. The forecast for month 3 will be the average of the observed values from months 1 and 2. The forecast for
month 4 will be the average of the observed values from months 1, 2, and 3.
Complete the column of forecast values using this method.
Month Value
1
18
2
26
3
22
4
27
5
23
6
22
7
27
Forecast Value
18+ 26
2
=
18+ 26 +22
3
18
Find the forecast for month 8 using this pattern. (Round your answer to two decimal places)
Type here to search
W
43
H
72°F
8:55 PM
5/9/2024
10
PRD
+](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff51ba55c-c908-4919-b13a-3c47ef7ea96e%2F7d32cc82-708a-4c36-a2b7-011ac7f7550e%2F00mwv98_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The MSE is to be calculated again, but this time will be based on the forecasts made using the average of the data. The given data follow.
Month
1
2
3
4
5
6
7
Value 18
26
22
27
23
22
27
The forecast for month 2 will be the observed value from month 1. The forecast for month 3 will be the average of the observed values from months 1 and 2. The forecast for
month 4 will be the average of the observed values from months 1, 2, and 3.
Complete the column of forecast values using this method.
Month Value
1
18
2
26
3
22
4
27
5
23
6
22
7
27
Forecast Value
18+ 26
2
=
18+ 26 +22
3
18
Find the forecast for month 8 using this pattern. (Round your answer to two decimal places)
Type here to search
W
43
H
72°F
8:55 PM
5/9/2024
10
PRD
+
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