Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the three pictures below is a dabaset of monthy sp

The three pictures below is a dabaset of monthy sparking sales from January 1980 to...

70.2K

Verified Solution

Question

Accounting

The three pictures below is a dabaset of monthy sparking sales from January 1980 to December 1994. The numbers are in thousands of units sold. Answer the following questions:
1. What is the MAPE ( Mean absolute percentage Error) of the seasonal naive forecast in the validation period? Consider 12 values in the validation period. (show your work)
the answer is between: a)20.01; b)20.74; c)18.75
2) What is the RMSE ( Root Mean Squared errors) of the non-seasonal Naive forecast in the validation period? Consider 12 values in the validation period. SHOW YOUR WORK!
the answer is between: a)4205.36; b)4032.56; c)4155.51 image
image
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

Why is it considered risky and unreliable to use the regression formula to predict the dependent...

Programming
1.2K views

System Integration When will the software integration testing be completed? Note: Please do not write the answer by...

Physics
1.2K views

4. A boy stands on a diving board and tosses a stone into a swimming pool....

Accounting
1.2K views

Activity Rates and Activity-Based Product Costing Hammer Company produces a variety of electronic equipment. One of its...

Biology
1.2K views

1 In your own words What do you think would have happened if President Truman...

Physics
1.2K views

40 A parallel plate capacitor with plate area A and plate separation d is charged...

Basic Math
1.2K views

H1507 M N Assignment irses SCAMATUIE07 M

Algebra
1.2K views

Triangle Similarity State if the triangles in each pair are similar I complete the similarity...

Algebra
1.2K views

Two augmented matrices for two linear systems in the variables x y and z are...

Accounting
1.2K views

Think about the sales and cash receipts process of a men's or women's clothing store...

Accounting
1.2K views

Using stakeholder analysis, analyse the power and level of interest of the relevant stakeholders involved...

Accounting
1.2K views

Problem #3: Expenditures and Encumbrances (30 points) Part 1: Basic Entries In its fiscal 2022...