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Forecasts and actual sales of MP3 players at Just Say Music are as follows: Month Forecast Actual Sales March 190 160 April 234 241 May
Forecasts and actual sales of MP3 players at Just Say Music are as follows:
Month | Forecast | Actual Sales |
March | 190 | 160 |
April | 234 | 241 |
May | 221 | 207 |
June | 264 | 247 |
July | 269 | 258 |
August | 240 | 200 |
September | 290 | 250 |
October | 290 . 183 |
What is the forecast for November, using a two-period moving average? Round your answer to two decimal places. What is the forecast for November, using a three-period moving average? Round your answer to two decimal places. Compute MSE for the two- and three-period moving average models and compare your results. Do not round intermediate calculations. Round your answers to two decimal places. MSE (two-period): MSE (three-period): |
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