Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

We have studied various forecasting methods throughout the term. Use Reported Pandemic Deaths Data to answer the questions pertaining using MA(2), Exponential Smoothing (alpha =

We have studied various forecasting methods throughout the term. Use Reported Pandemic Deaths Data to answer the questions pertaining using MA(2), Exponential Smoothing (alpha = .9) and regression to make forecasts and compute MAE, MSE, and MAPE. The data goes from May 1 to December 2. Also, May 1 starts at day 76 which is fine.

Using an Exponential Smoothing model (alpha = .9) compute the Mean Absolute Percentage Error (MAPE).

Select one:

a.

.1%

b.

1.12%

c.

.75%

d.

2.25%

Date Time (Days) Reported Deaths
1-May 76

61,356

2-May

77

62,918

3-May

78

64,150

4-May

79

65,185

5-May

80

67,637

6-May

81

69,585

7-May

82

72,337

8-May

83

74,135

9-May

84

75,580

10-May

85

76,616

11-May

86

77,508

12-May

87

78,994

13-May

88

80,698

14-May

89

82,577

15-May

90

84,084

16-May

91

85,071

17-May

92

85,920

18-May

93

86,768

19-May

94

88,094

20-May

95

89,493

21-May

96

90,887

22-May

97

92,228

23-May

98

93,291

24-May

99

93,971

25-May

100

94,530

26-May

101

95,175

27-May

102

96,496

28-May

103

97,727

29-May

104

98,911

30-May

105

99,843

31-May

106

100,495

1-Jun

107

101,163

2-Jun

108

102,125

3-Jun

109

103,118

4-Jun

110

104,011

5-Jun

111

104,837

6-Jun

112

105,565

7-Jun

113

106,012

8-Jun

114

106,673

9-Jun

115

107,575

10-Jun

116

108,462

11-Jun

117

109,361

12-Jun

118

110,136

13-Jun

119

110,830

14-Jun

120

111,186

15-Jun

121

111,567

16-Jun

122

112,297

17-Jun

123

113,064

18-Jun

124

113,769

19-Jun

125

114,424

20-Jun

126

115,053

21-Jun

127

115,347

22-Jun

128

115,633

23-Jun

129

116,343

24-Jun

130

117,067

25-Jun

131

117,714

26-Jun

132

118,351

27-Jun

133

118,862

28-Jun

134

119,133

29-Jun

135

119,465

30-Jun

136

120,061

1-Jul

137

120,762

2-Jul

138

121,457

3-Jul

139

122,055

4-Jul

140

122,361

5-Jul

141

122,570

6-Jul

142

122,813

7-Jul

143

123,736

8-Jul

144

124,543

9-Jul

145

125,410

10-Jul

146

126,264

11-Jul

147

127,021

12-Jul

148

127,497

13-Jul

149

127,824

14-Jul

150

128,560

15-Jul

151

129,418

16-Jul

152

130,365

17-Jul

153

131,316

18-Jul

154

132,188

19-Jul

155

132,715

20-Jul

156

133,078

21-Jul

157

134,117

22-Jul

158

135,288

23-Jul

159

136,344

24-Jul

160

137,520

25-Jul

161

138,543

26-Jul

162

139,102

27-Jul

163

140,162

28-Jul

164

141,284

29-Jul

165

142,776

30-Jul

166

144,035

31-Jul

167

145,347

1-Aug

168

146,537

2-Aug

169

147,035

3-Aug

170

147,554

4-Aug

171

148,809

5-Aug

172

150,155

6-Aug

173

151,406

7-Aug

174

152,739

8-Aug

175

153,828

9-Aug

176

154,444

10-Aug

177

154,870

11-Aug

178

156,196

12-Aug

179

157,715

13-Aug

180

158,878

14-Aug

181

160,094

15-Aug

182

161,315

16-Aug

183

161,934

17-Aug

184

162,341

18-Aug

185

163,537

19-Aug

186

164,957

20-Aug

187

166,091

21-Aug

188

167,214

22-Aug

189

168,243

23-Aug

190

168,815

24-Aug

191

169,158

25-Aug

192

170,305

26-Aug

193

171,603

27-Aug

194

172,732

28-Aug

195

173,756

29-Aug

196

174,771

30-Aug

197

175,246

31-Aug

198

175,612

1-Sep

199

176,639

2-Sep

200

177,671

3-Sep

201

178,741

4-Sep

202

179,739

5-Sep

203

180,657

6-Sep

204

181,106

7-Sep

205

181,331

8-Sep

206

181,689

9-Sep

207

182,773

10-Sep

208

183,943

11-Sep

209

184,961

12-Sep

210

185,771

13-Sep

211

186,161

14-Sep

212

186,565

15-Sep

213

187,596

16-Sep

214

188,796

17-Sep

215

189,659

18-Sep

216

190,560

19-Sep

217

191,300

20-Sep

218

191,627

21-Sep

219

191,914

22-Sep

220

192,768

23-Sep

221

193,927

24-Sep

222

194,848

25-Sep

223

195,692

26-Sep

224

196,561

27-Sep

225

196,868

28-Sep

226

197,125

29-Sep

227

197,864

30-Sep

228

198,925

1-Oct

229

199,776

2-Oct

230

200,611

3-Oct

231

201,352

4-Oct

232

201,715

5-Oct

233

202,041

6-Oct

234

202,675

7-Oct

235

203,591

8-Oct

236

204,577

9-Oct

237

205,470

10-Oct

238

206,135

11-Oct

239

206,601

12-Oct

240

206,888

13-Oct

241

207,578

14-Oct

242

208,389

15-Oct

243

209,340

16-Oct

244

210,217

17-Oct

245

210,997

18-Oct

246

211,390

19-Oct

247

211,846

20-Oct

248

212,678

21-Oct

249

213,702

22-Oct

250

214,845

23-Oct

251 218,965
24-Oct 252 222102
25-Oct 253 222618
26-Oct 254 222976
27-Oct 255 223625
28-Oct 256 224559
29-Oct 257 225477
30-Oct 258 226482
31-Oct 259 227439
1-Nov 260 228180
2-Nov 261 228589
3-Nov 262 229129
4-Nov 263 230397
5-Nov 264 231543
6-Nov 265 232657
7-Nov 266 233817
8-Nov 267 234716
9-Nov 268 235154
10-Nov 269 236062
11-Nov 270 237350
12-Nov 271 238858
13-Nov 272 239634
14-Nov 273 241179
15-Nov 274 242363
16-Nov 275 242953
17-Nov 276 243674
18-Nov 277 245090
19-Nov 278 246956
20-Nov 279 249162
21-Nov 280 250782
22-Nov 281 251740
23-Nov 282 253097
24-Nov 283 254496
25-Nov 284 256408
26-Nov 285 258619
27-Nov 286 259848
28-Nov 287 261040
29-Nov 288 262287
30-Nov 289 263039
1-Dec 290 264463
2-Dec 291 266769
3-Dec

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Organisational Behaviour In The Workplace

Authors: Jacqueline Mclean, Laurie Mullins

12th Edition

1292245484, 978-1292245485

Students also viewed these Mathematics questions

Question

How can diversity create a competitive advantage for a firm?

Answered: 1 week ago