Question
In: Statistics and Probability
Consider the following data: Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12...
Consider the following data:
| Month | Jan-12 | Feb-12 | Mar-12 | Apr-12 | May-12 | Jun-12 | Jul-12 | Aug-12 | Sep-12 |
|---|---|---|---|---|---|---|---|---|---|
| Profit ($) | 5,650 | 5,403 | 5,004 | 4,677 | 5,170 | 5,598 | 6,419 | 6,169 | 5,903 |
Step 2 of 5:
What are the MAD, MSE and MAPE scores for the three-period moving average? Round any intermediate calculations, if necessary, to no less than six decimal places, and round your final answer to one decimal place.
Solutions
orchestra answered 1 year agoRelated Solutions
Consider the following data: Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12...
Consider the following data:
Monthly Profit of a Gym
Month
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Profit ($)
6,150
5,903
5,304
5,077
5,320
5,998
7,419
6,299
6,012
Step 1 of 5:
Determine the three-period moving average for the next time
period. If necessary, round your answer to one decimal place.\
Step 2 of 5:
What are the MAD, MSE and MAPE scores for the three-period
moving average? Round any intermediate calculations, if necessary,
to no less than...
Consider the following data: Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12...
Consider the following data:
Monthly Profit of a Gym
Month
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Profit ($)
6,500
6,253
5,514
5,357
5,425
6,278
8,119
6,390
6,090
Step 1 of 5:
Determine the three-period moving average for the next time
period. If necessary, round your answer to one decimal place.
Step 2 of 5:
What are the MAD, MSE and MAPE scores for the three-period
moving average? Round any intermediate calculations, if necessary,
to no less than...
Consider the following data: Monthly Profit of an Auto Repair Shop Month Jan-14 Feb-14 Mar-14 Apr-14...
Consider the following data:
Monthly Profit of an Auto Repair Shop
Month
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Profit ($)
17,123
17,273
16,055
18,138
19,763
17,310
19,131
18,578
20,373
Step 1 of 4 :
Determine the three-period moving average for the next time
period. If necessary, round your answer to one decimal place.
Step 2 of 4 :
Determine the three-period weighted moving average for the next
time period with weights of 3 (most recent), 2 (second...
Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Profit ($) 5,700 5,453 5,034 4,717...
Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12
Sep-12
Profit ($) 5,700 5,453 5,034 4,717 5,185 5,638 6,519 6,182
5,913
Step 2 of 5: What are the MAD, MSE and MAPE scores for the
three-period moving average? Round any intermediate calculations,
if necessary, to no less than six decimal places, and round your
final answer to one decimal place.
Dynamic Futon forecasts the following purchases from suppliers: Jan. Feb. Mar. Apr. May Jun. Value of...
Dynamic Futon forecasts the following purchases from
suppliers:
Jan.
Feb.
Mar.
Apr.
May
Jun.
Value of goods ($ millions)
32
28
25
22
20
20
a. Forty percent of goods are supplied
cash-on-delivery. The remainder are paid with an average delay of
one month. If Dynamic Futon starts the year with payables of $22
million, what is the forecasted level of payables for each month?
(Do not round intermediate calculations. Enter your answers
in millions rounded to 1 decimal place.)...
AVERAGE EMPLOYMENT LEVELS FOR SEAT OF KNOWLEDGE jan feb mar apr may jun jul aug...
AVERAGE EMPLOYMENT LEVELS FOR SEAT OF KNOWLEDGE
jan
feb
mar
apr
may
jun
jul
aug
sep
oct
nov
dec
machine/fabricating
47
47
50
49
51
51
52
51
51
50
52
53
shipping/recieving
24
23
25
25
25
23
24
24
24
24
24
24
welding
30
31
34
34
33
32
32
33
33
38
43
43
paint/assembly
26
30
30
30
29
36
34
33
36
37
36
35
TURNOVER
Date
Department Reason
04/12
Machining/Fabricating
Other...
ASAP!!!!!!!!! The monthly sales for Yazici Batteries, Inc., were as follows: Month Jan Feb Mar Apr...
ASAP!!!!!!!!!
The monthly sales for Yazici Batteries, Inc., were as follows:
Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Sales 21 21
15 15 11 18 16 18 19 20 23 22 This exercise contains only parts b
and c.
b) The forecast for the next month (Jan) using the naive
method = 22 sales (round your response to a whole number). The
forecast for the next period (Jan) using a 3-month moving average
approach...
Tesla’s monthly returns during 2019 is the following: Jan: 0.042, Feb: -0.125, Mar: -0.147, Apr: -0.224,...
Tesla’s monthly returns during 2019 is the following:
Jan: 0.042, Feb: -0.125, Mar: -0.147, Apr: -0.224, May: 0.207,
Jun: 0.081, Jul: -0.066, Aug: 0.068, Sep: 0.307, Oct: 0.048, Nov:
0.267, Dec: 0.56.
The risk-free rate for 2019 was 1.84%. What was Tesla’s risk
premium during 2019?
Cash Budget - The following information applies to Company A: Jan. Feb. Mar. Apr. Miscellanous cash...
Cash Budget - The following information applies to Company
A:
Jan.
Feb.
Mar.
Apr.
Miscellanous cash payments
$25,000
$30,000
$22,000
$32,000
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
Sales
$200,000
$325,000
$250,000
$240,000
$260,000
$270,000
Assume Company A collects 20% of its sales in the month of the
sale, 50% the next month, 25% the following month, and 5% is never
collected.
Dec.
Jan.
Feb.
Mar.
Apr.
Purchases
$210,000
$150,000
$170,000
$180,000
$190,000
Assume Company A makes cash payments of 40%...
Month Sales (2005) Sales (2006) Jan 5 21 Feb 8 20 Mar 10 29 Apr 18...
Month
Sales (2005)
Sales (2006)
Jan
5
21
Feb
8
20
Mar
10
29
Apr
18
32
May
26
44
Jun
35
58
Jul
28
46
Aug
20
32
Sep
14
27
Oct
8
13
Nov
6
11
Dec
26
52
a.Plot the data using Minitab. What kind of pattern do you
observe?
b.Develop a trend line equation for this data (Use Minitab).
c.Decompose the above time series using a multiplicative model.
Store the trend line, detrended data, seasonals, seasonally...
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