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Consider the following sample data, consisting of 10 observations. t 1 2 3 4 5 6 7 8 9 10 y t 10 11 6
Consider the following sample data, consisting of 10 observations. |
t | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
yt | 10 | 11 | 6 | 6 | 14 | 13 | 13 | 13 | 14 | 7 |
b-1. | Construct a 3-period moving average and use it to make forecasts. (Round your answers to 2 decimal places.) |
t | yt | y-forecast | |
1 | 10 | ||
2 | 11 | ||
3 | 6 | ||
4 | 6 | ||
5 | 14 | ||
6 | 13 | ||
7 | 13 | ||
8 | 13 | ||
9 | 14 | ||
10 | 7 | ||
11 | |||
b-2. | Compute the resulting MSE and MAD. (Do not round intermediate calculations. Round your answers to 2 decimal places.) |
MSE | |
MAD | |
c. | Make a forecast for period 11. (Round your answer to 2 decimal places.) |
y-forecast |
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