1.
Using the data below, what is the value of RMSE?
Week |
Time Series Value |
Forecast |
1 |
3 |
7.00 |
2 |
5 |
4.00 |
3 |
2 |
5.00 |
4 |
8 |
8.00 |
2.
Using the data below, calculate the squared error for the 4th week. Use the 2 period moving average to create the forecast.
Week |
Time Series Value |
1 |
19.00 |
2 |
11.00 |
3 |
22.00 |
4 |
7.00 |
Please, do the all the work and show processes
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