Refer to your Holt forecasts of the quarterly S&P 500 for 2015, Exercise 14.30. a. Calculate MAD,
Question:
a. Calculate MAD, MAPE, and RMSE for the forecasts with w = .3 and v = .5.
b. Calculate MAD, MAPE, and RMSE for the forecasts with w = .7 and v = .5.
c. Compare MAD, MAPE, and RMSE for the two Holt forecasts models. Which model leads to more accurate forecasts?
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a From Exercise 1430 the forecasts for the 4 quarte...View the full answer
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Related Book For
Statistics For Business And Economics
ISBN: 9780134506593
13th Edition
Authors: James T. McClave, P. George Benson, Terry Sincich
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