Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

BUSA 511 - Assignment 4 Due - Quarter Year 1 Year 2 Year 3 Year 4 1 49 60 75 90 2 120 140 180

BUSA 511 - Assignment 4 Due - Quarter Year 1 Year 2 Year 3 Year 4 1 49 60 75 90 2 120 140 180 260 3 310 380 430 510 4 620 710 900 1020 1. Develop a time series plot. What pattern exists in the data? (10) 2. Develop a moving average model with k = 3. (10) 3. Develop an exponential smoothing model with alpha = 0.2. (10) 4. Develop a linear regression model with time and sales. (do not use quarters, time = 1,2,3,.... 16) (20) 5. Develop a regression model with quarters. Use 3 dummy variables for quarter 1, 2 and 3 respectively. (20) 6. Compare the models built in question 2,3,4 and 5 using MAE, MSE and MAPE. Identify the best model. (10) ============================

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Structure Of Groups With A Quasiconvex Hierarchy (AMS-209)

Authors: Daniel T Wise

1st Edition

069121350X, 9780691213507

More Books

Students also viewed these Mathematics questions

Question

1. What causes musculoskeletal pain?

Answered: 1 week ago