Question

Consider the following data: Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12...

Consider the following data:

Monthly Profit of a Gym
Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12
Profit ($) 5,901
5,653
5,154
4,877
5,245
5,798
6,919
6,234
5,958

Step 2 of 5:

What are the MAD, MSE and MAPE scores for the three-period moving average? Round any intermediate calculations, if necessary, to no less than six decimal places, and round your final answer to one decimal place.

Homework Answers

Answer #1
month profit(A) forecast(F) |A-F| (A-F)^2 |A-F|/A
1 5901
2 5653
3 5154
4 4877 5569.33 692.33 479325.44 0.12
5 5245 5228.00 17.00 289.00 0.00
6 5798 5092.00 706.00 498436.00 0.14
7 6919 5306.67 1612.33 2599618.78 0.30
8 6234 5987.33 246.67 60844.44 0.04
9 5958 6317.00 359.00 128881.00 0.06
average 605.556 627899.111 11.13%

MAD =605.556

MSE = 627899.111

MAPE =11.135%

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Consider the following data: Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12...
Consider the following data: Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Profit ($) 5,700 5,453 5,034 4,717 5,185 5,638 6,519 6,182 5,913 Step 2 of 5 :   What are the MAD, MSE and MAPE scores for the three-period moving average? Round any intermediate calculations, if necessary, to no less than six decimal places, and round your final answer to one decimal place.
Consider the following data: Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12...
Consider the following data: Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Profit ($) 5,3505,350 5,1035,103 4,8244,824 4,4374,437 5,0805,080 5,3585,358 5,8195,819 6,0916,091 5,8375,837 Step 4 of 5: What are the MAD, MSE and MAPE scores for the three-period weighted moving average forecast? Round any intermediate calculations, if necessary, to no less than six decimal places, and round your final answer to one decimal place.
Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Profit...
Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Profit ($) 5,601 5,353 4,974 4,637 5,155 5,558 6,319 6,156 5,892 Step 2 of 5: What are the MAD, MSE and MAPE scores for the three-period moving average? Round any intermediate calculations, if necessary, to no less than six decimal places, and round your final answer to one decimal place.
Consider the following data: Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12...
Consider the following data: Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sept-12 Profit ($) 6,400 6,153 5,454 5,277 5,395 6,198 7,919 6,364 6,068 Step 2 of 5: What are the MAD, MSE and MAPE scores for the three-period moving average? Round any intermediate calculations, if necessary, to no less than six decimal places, and round your final answer to one decimal place.
Consider the following data: Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12...
Consider the following data: Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Profit ($) 6,150 5,903 5,304 5,077 5,320 5,998 7,419 6,299 6,012 Step 1 of 5: Determine the three-period moving average for the next time period. If necessary, round your answer to one decimal place. Step 2 of 5: What are the MAD, MSE and MAPE scores for the three-period moving average? Round any intermediate calculations, if necessary, to no less than...
Consider the following data: Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12...
Consider the following data: Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Profit ($) 6,400 6,153 5,454 5,277 5,395 6,198 7,919   6,364 6,068 Step 3 of 5: Determine the exponentially smoothed forecast for the next time period using a smoothing constant, α, of 0.35. If necessary, round your answer to one decimal place.
Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Profit...
Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Profit ($) 5,601 5,353 4,974 4,637 5,155 5,558 6,319 6,156 5,892 Step 1 of 5: Determine the three-period moving average for the next time period. If necessary, round your answer to one decimal place.
Month Year Sales JAN 2014 372012 FEB 2014 377748 MAR 2014 382915 APR 2014 387140 MAY...
Month Year Sales JAN 2014 372012 FEB 2014 377748 MAR 2014 382915 APR 2014 387140 MAY 2014 388205 JUN 2014 390346 JUL 2014 391052 AUG 2014 394458 SEP 2014 394025 OCT 2014 396158 NOV 2014 398452 DEC 2014 399105 JAN 2015 400299 FEB 2015 398314 MAR 2015 404358 APR 2015 405678 MAY 2015 407867 JUN 2015 407959 JUL 2015 410540 AUG 2015 411860 SEP 2015 412791 OCT 2015 412002 NOV 2015 414260 DEC 2015 416186 Create a time series plot...
Use the data below to answer this questions. Period Employment Jan-01 1,879.50 Feb-01 1,901.00 Mar-01 1,925.30...
Use the data below to answer this questions. Period Employment Jan-01 1,879.50 Feb-01 1,901.00 Mar-01 1,925.30 Apr-01 1,914.60 May-01 1,961.50 Jun-01 1,960.60 Jul-01 1,953.40 Aug-01 1,940.20 Sep-01 1,928.00 Oct-01 1,909.20 Nov-01 1,896.40 Dec-01 1,881.40 Jan-02 1,880.20 Feb-02 1,884.00 Mar-02 1,902.60 Apr-02 1,913.40 May-02 1,937.40 Jun-02 1,990.90 Jul-02 1,994.80 Aug-02 2,013.10 Sep-02 2,002.30 Oct-02 1,982.50 Nov-02 1,969.00 Dec-02 1,959.20 Jan-03 1,928.20 Feb-03 1,952.40 Mar-03 1,980.40 Apr-03 1,972.00 May-03 1,987.80 Jun-03 2,018.70 Jul-03 2,027.80 Aug-03 2,030.20 Sep-03 2,012.20 Oct-03 2,032.30 Nov-03 2,008.30...
Year Month Return Year Month Return 2006     Jan 3.95 2008     Jul 3.29 2006     Feb 3.77 2008...
Year Month Return Year Month Return 2006     Jan 3.95 2008     Jul 3.29 2006     Feb 3.77 2008     Aug 4.62 2006     Mar 5.29 2008     Sep 4.81 2006     Apr 3.77 2008     Oct 5.16 2006     May 4.47 2008     Nov 3.69 2006     Jun 5.2 2008     Dec 5.15 2006     Jul 3.9 2009     Jan 5.29 2006     Aug 4.33 2009     Feb 3.19 2006     Sep 4.41 2009     Mar 3.89 2006     Oct 5.14 2009     Apr 4.48 2006     Nov 3.24 2009     May 5.27 2006     Dec 4.13 2009     Jun 3.93 2007     Jan...