Answered step by step
Verified Expert Solution
Question
1 Approved Answer
8. The figure below shows the 2-,3-, and 4- period moving average models for the Tablet Computer Sales data. Which period model is the BEST
8. The figure below shows the 2-,3-, and 4- period moving average models for the Tablet Computer Sales data. Which period model is the BEST forecast based on the value of the metrics? Provideevidence from the table above to support your choice.
A B C D E F G H J K L M N P Q Tablet Computer Sales k = 2 k = 3 k = 4 Week Units Sold Forecast Error Absolute Squared Absolute Forecast Error Absolute Squared Absolute Forecast Error Absolute Squared Absolute 88 Deviation Error % Error Deviation Error % Error Deviation Error % Error 44 60 66.00 -6.00 6.00 36.00 10.00 56 52.00 4.00 4.00 16.00 7.14 64.00 -8.00 8.00 64.00 14.29 70 58.00 12.00 12.00 144.00 17.14 53.33 16.67 16.67 277.78 23.81 62.00 8.00 8.00 64.00 11.43 91 63.00 28.00 28.00 784.00 30.77 62.00 29.00 29.00 841.00 31.87 57.50 33.50 33.50 1122.25 36.81 10 54 80.50 -26.50 26.50 702.25 49.07 72.33 -18.33 18.33 336.11 33.95 69.25 -15.25 15.25 232.56 28.24 11 60 72.50 -12.50 12.50 156.25 20.83 71.67 -11.67 11.67 136.11 19.44 67.75 -7.75 7.75 60.06 12.92 12 48 57.00 -9.00 9.00 81.00 18.75 68.33 -20.33 20.33 413.44 42.36 68.75 -20.75 20.75 430.56 43.23 13 10 35 54.00 -19.00 19.00 361.00 54.29 54.00 -19.00 19.00 361.00 54.29 63.25 -28.25 28.25 798.06 80.71 14 11 49 41.50 7.50 7.50 56.25 15.31 47.67 1.33 1.33 1.78 2.72 49.25 -0.25 0.25 0.06 0.51 15 12 44 42.00 2.00 2.00 4.00 4.55 44.00 0.00 0.00 0.00 0.00 48.00 -4,00 4.00 16.00 9.09 16 13 61 46.50 14.50 14.50 210.25 23.77 42.67 18.33 18.33 336.11 30.05 44.00 17.00 17.00 289.00 27.87 17 14 68 52.50 15.50 15.50 240.25 22.79 51.33 16.67 16.67 277.78 24.51 47.25 20.75 20.75 430.56 30.51 18 15 82 64.50 17.50 17.50 306.25 21.34 57.67 24.33 24.33 592.11 29.67 55.50 26.50 26.50 702.25 32.32 19 16 71 75.00 -4.00 4.00 16.00 5.63 70.33 0.67 0.67 0.44 0.94 63.75 7.25 7.25 52.56 10.21 20 17 50 76.50 -26.50 26.50 702.25 53.00 73.67 -23.67 23.67 560.11 47.33 70.50 -20.50 20.50 420.25 41.00 21 18 60.50 13.63 254.38 23.63 67.67 14.86 299.84 25.37 67.75 16.13 355.25 28.07 22 MAD MSE MAPE MAD MSE MAPE MAD MSE MAPEStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started