The number of cans of soft drinks sold in a machine each week is recorded below. Develop forecasts for the period indicated and error calculations. 155, 145, 155, 162, 180, 165, 172, 149, 170, 172 Weighted moving average. Use the weights of .85, .10 and .05 with .85 being the most current. What is the Mean Squared Error (MSE). What is the Mean Absolute Percentage Error (MAPE).
The number of cans of soft drinks sold in a machine each week is recorded below. Develop forecasts for the period indicated and error calculations. 155, 145, 155, 162, 180, 165, 172, 149, 170, 172 Weighted moving average. Use the weights of .85, .10 and .05 with .85 being the most current. What is the Mean Squared Error (MSE). What is the Mean Absolute Percentage Error (MAPE).
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 14PPS
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The number of cans of soft drinks sold in a machine each week is recorded below. Develop forecasts for the period indicated and error calculations.
155, 145, 155, 162, 180, 165, 172, 149, 170, 172
Weighted moving average. Use the weights of .85, .10 and .05 with .85 being the most current.
What is the
What is the Mean Absolute Percentage Error (MAPE).
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