In: Statistics and Probability
|
Actual Value |
Forecast Value |
|
485 |
470 |
|
625 |
655 |
|
654 |
656 |
|
610 |
635 |
|
685 |
625 |
1).the necessary calculation table be:-
| Actual Value | Forecast |
![]() |
| 485 | 470 | 15 |
| 625 | 655 | 30 |
| 654 | 656 | 2 |
| 610 | 635 | 25 |
| 685 | 625 | 60 |
| sum=132 |
n =number of fitted points = 5


(A).
2).the necessary calculation table be:-
| Actual Value | Forecast |
![]() |
![]() |
| 485 | 470 | 15 | 0.03093 |
| 625 | 655 | 30 | 0.048 |
| 654 | 656 | 2 | 0.00306 |
| 610 | 635 | 25 | 0.04098 |
| 685 | 625 | 60 | 0.08759 |
| sum=132 | sum=0.21056 |
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