dolution
Using only the Nashville sales data:
1. Forecast sales for January 7th through January 30th using a three-day weighted moving average. (5pts)
The weights are:
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines
Order Paper Now
Day |
Weight |
1 day previous |
-0.50 |
2 days previous |
-0.30 |
3 days previous |
-0.20 |
2. Find the mean absolute deviation of the sales forecasts for January 7th through January 29th. You should not include the forecast for January 30th since there is no corresponding sales figure for that date. (3pts)
3. Find the mean squared error of the sales forecasts, again for January 7th through January 29th. (4pts)
4. Create a scatter scatter-chart for the three-day weighted moving average. Label your chart axes properly. (2 pts)
Date |
Chicago |
Seasonal Relatives for Chicago Sales |
Nashville |
Seattle |
1/4/21 |
272 |
0.4 |
659 |
456 |
1/5/21 |
388 |
0.5 |
493 |
672 |
1/6/21 |
622 |
1.3 |
483 |
584 |
1/7/21 |
605 |
1.7 |
579 |
609 |
1/8/21 |
222 |
1.4 |
652 |
596 |
1/9/21 |
222 |
1.6 |
535 |
529 |
1/10/21 |
302 |
0.9 |
399 |
612 |
1/11/21 |
338 |
1.2 |
423 |
683 |
1/12/21 |
239 |
0.5 |
619 |
565 |
1/13/21 |
283 |
0.3 |
567 |
559 |
1/14/21 |
505 |
0.7 |
548 |
785 |
1/15/21 |
829 |
1.1 |
766 |
783 |
1/16/21 |
686 |
1.4 |
479 |
599 |
1/17/21 |
893 |
2.2 |
435 |
711 |
1/18/21 |
184 |
0.6 |
651 |
756 |
1/19/21 |
188 |
0.7 |
650 |
712 |
1/20/21 |
290 |
0.8 |
491 |
512 |
1/21/21 |
369 |
0.9 |
549 |
447 |
1/22/21 |
395 |
1.3 |
463 |
574 |
1/23/21 |
846 |
1.5 |
595 |
654 |
1/24/21 |
961 |
1.9 |
829 |
552 |
1/25/21 |
193 |
0.5 |
886 |
470 |
1/26/21 |
193 |
0.8 |
639 |
596 |
1/27/21 |
245 |
0.8 |
645 |
562 |
1/28/21 |
317 |
0.9 |
627 |
454 |
1/29/21 |
480 |
1 |
459 |
800 |
1/30/21 |
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
