Determine the values of mad and mse

Assignment Help Operation Management

Reference no: EM131437765

Using the following data, determine the values of MAD and MSE. Which of these measurements of error seems to yield the best information about the forecasts? Period Value Forecast 1 19.2 16.1 2 23.4 19.4 3 24.0 21.0 4 26.8 24.8 5 29.2 25.9 6 35.5 28.6 (Round your answers to 3 decimal places.) MAD = MSE =

Reference no: EM131437765

Questions Cloud

Shouldnt a democratic nation be able to control its borders : The conception of democracy by Counterpunch magazine is quite novel. I have never heard the argument that democracy must entail granting full rights to those who lack citizenship (and may be here illegally). I'm not sure we should rely on definiti..

Is conflict a natural phenomenon : Q1. Is conflict a natural phenomenon? Should it ever be stimulated, or should we attempt to resolve it at all times? In your discussion provide example(s).

Horizontal or vertical integration-corporate level strategy : QUICK DISCUSSION: Chose a company that has used horizontal or vertical integration as a corporate level strategy. Explain the situation and the benefits the company gained from this strategy. Choose either horizontal or vertical integration.

Determine the values of mad and mse : Using the following data, determine the values of MAD and MSE. Which of these measurements of error seems to yield the best information about the forecasts? Period Value Forecast 1 19.2 16.1 2 23.4 19.4 3 24.0 21.0 4 26.8 24.8 5 29.2 25.9 6 35.5 28.6..

Define what you believe are the essential characteristics : Define what you believe are the essential characteristics a corporation should possess to have a sound reputation. How do define a "sound" reputation?

Formulate a detailed job description for a typical cso : Responses must be a minimum of 500 words in length for each DQ. They must include material from additional sources and the sources must be properly cited in an APA References section after your DQ responses. This is for my security management cla..

Describe need to manage project scope throughout a project : Explain the need for effective project and team communications systems to keep stakeholders informed of project status. Describe the need to manage project scope throughout a project's life cycle to provide closure to properly executed project.

What are major potential problems with this incentive plan : American Credit Union is a regional financial institution that has been growing through acquisition in recent years. To lead this more complex business and guide the credit union to greater profitability, American has hired a new CEO. What are the ma..

User Account

All Pages