The following table shows demand of a retailer in previous years. t 1 2 3 4 5 6 7 8 9 O a. 40.98 O b. 196.88 O c. 5.5 O d. 245.88 Demand 54 60 58 66 60 70 72 68 77 If we use a simple moving average with N=3 to predict the demand for periods 4 to 9, what would be the mean squared error?

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.EA: Extended Application Using Extrapolation To Predict Life Expectancy
Problem 2EA
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The following table shows demand of a retailer in previous years.
t
1
O a. 40.98
O b. 196.88
O c. 5.5
O d. 245.88
2
3
4
5
6
7
8
9
Demand
54
60
58
66
60
70
72
68
77
If we use a simple moving average with N=3 to predict the demand for periods 4 to 9,
what would be the mean squared error?
Transcribed Image Text:The following table shows demand of a retailer in previous years. t 1 O a. 40.98 O b. 196.88 O c. 5.5 O d. 245.88 2 3 4 5 6 7 8 9 Demand 54 60 58 66 60 70 72 68 77 If we use a simple moving average with N=3 to predict the demand for periods 4 to 9, what would be the mean squared error?
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