3 9.4 4 9.7 5 9.9 6 9.8 7 9.8 8 10.6 9 10.0 10 9.8 11 9.7 12 9.7 Does the three-month or four-month moving average provide more accurate forecasts based on MSE? Explain. O The four-month moving average provides more accurate forecasts, because its MSE is smaller than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is smaller than that of the four-month moving average. O The four-month moving average provides more accurate forecasts, because its MSE is larger than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is larger than that of the four-month moving average. (c) Using the more accurate approach, what is the moving average forecast for the next month? (Round your answer to two decimal places.) Type here to search D W E S D 55 LL F L3 W NEW B N M (b) Develop three-month and four-month moving averages for this time series. (Round your answers to two decimal places.) Time Series 3-Month Moving Month Value Average Forecast 4-Month Moving Average Forecast 1 9.5 2 9.3 3 9.4 4 9.7 5 9.9 6 9.8 7 9.8 8 10.6 9 10.0 10 9.8 11 9.7 12 9.7 Does the three-month or four-month moving average provide more accurate forecasts based on MSE? Explain. شما O The four-month moving average provides more accurate forecasts, because its MSE is smaller than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is smaller than that of the four-month moving average. O The four-month moving average provides more accurate forecasts, because its MSE is larger than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is larger than that of the four-month moving average. (c) Using the more accurate approach, what is the moving average forecast for the next month? (Round your answer to two decimal places.) Type here to search L③ NEW W E X F M
3 9.4 4 9.7 5 9.9 6 9.8 7 9.8 8 10.6 9 10.0 10 9.8 11 9.7 12 9.7 Does the three-month or four-month moving average provide more accurate forecasts based on MSE? Explain. O The four-month moving average provides more accurate forecasts, because its MSE is smaller than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is smaller than that of the four-month moving average. O The four-month moving average provides more accurate forecasts, because its MSE is larger than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is larger than that of the four-month moving average. (c) Using the more accurate approach, what is the moving average forecast for the next month? (Round your answer to two decimal places.) Type here to search D W E S D 55 LL F L3 W NEW B N M (b) Develop three-month and four-month moving averages for this time series. (Round your answers to two decimal places.) Time Series 3-Month Moving Month Value Average Forecast 4-Month Moving Average Forecast 1 9.5 2 9.3 3 9.4 4 9.7 5 9.9 6 9.8 7 9.8 8 10.6 9 10.0 10 9.8 11 9.7 12 9.7 Does the three-month or four-month moving average provide more accurate forecasts based on MSE? Explain. شما O The four-month moving average provides more accurate forecasts, because its MSE is smaller than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is smaller than that of the four-month moving average. O The four-month moving average provides more accurate forecasts, because its MSE is larger than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is larger than that of the four-month moving average. (c) Using the more accurate approach, what is the moving average forecast for the next month? (Round your answer to two decimal places.) Type here to search L③ NEW W E X F M
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.
Chapter3: The Derivative
Section3.3: Rates Of Change
Problem 39E: Drug Use The chart on the next page shows how the percent of eight graders, tenth graders and...
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Question
Transcribed Image Text:3
9.4
4
9.7
5
9.9
6
9.8
7
9.8
8
10.6
9
10.0
10
9.8
11
9.7
12
9.7
Does the three-month or four-month moving average provide more accurate forecasts based on MSE? Explain.
O The four-month moving average provides more accurate forecasts, because its MSE is smaller than that of the three-month moving average.
O The three-month moving average provides more accurate forecasts, because its MSE is smaller than that of the four-month moving average.
O The four-month moving average provides more accurate forecasts, because its MSE is larger than that of the three-month moving average.
O The three-month moving average provides more accurate forecasts, because its MSE is larger than that of the four-month moving average.
(c) Using the more accurate approach, what is the moving average forecast for the next month? (Round your answer to two decimal places.)
Type here to search
D
W
E
S
D
55
LL
F
L3
W
NEW
B
N
M
Transcribed Image Text:(b) Develop three-month and four-month moving averages for this time series. (Round your answers to two decimal places.)
Time Series
3-Month Moving
Month
Value
Average Forecast
4-Month Moving
Average Forecast
1
9.5
2
9.3
3
9.4
4
9.7
5
9.9
6
9.8
7
9.8
8
10.6
9
10.0
10
9.8
11
9.7
12
9.7
Does the three-month or four-month moving average provide more accurate forecasts based on MSE? Explain.
شما
O The four-month moving average provides more accurate forecasts, because its MSE is smaller than that of the three-month moving average.
O The three-month moving average provides more accurate forecasts, because its MSE is smaller than that of the four-month moving average.
O The four-month moving average provides more accurate forecasts, because its MSE is larger than that of the three-month moving average.
O The three-month moving average provides more accurate forecasts, because its MSE is larger than that of the four-month moving average.
(c) Using the more accurate approach, what is the moving average forecast for the next month? (Round your answer to two decimal places.)
Type here to search
L③
NEW
W
E
X
F
M
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