Calculus and Above

Calculus Questions? Ask a Mathematician for Answers ASAP

Connect one-on-one with {0} who will answer your question

Customer Question

This assignment requires you to...

This assignment requires you to use Excel. Make sure to use the Assignment 5 template found in your online course when you turn in your answers.

Question 1

Determine the error for each of the following forecasts. Compute MAD and MSE.

Period Value Forecast Error

1 202 — —

2 191 202

3 173 192

4 169 181

5 171 174

6 175 172

7 182 174

8 196 179

9 204 189

10 219 198

11 227 211

Question 2

The U.S. Census Bureau publishes data on factory orders for all manufacturing, durable goods, and

nondurable goods industries. Shown here are factory orders in the United States over a 13-year

period ($ billion).

a. Use these data to develop forecasts for the years 6 through 13 using a 5-year moving average.

b. Use these data to develop forecasts for the years 6 through 13 using a 5-year weighted

moving average. Weight the most recent year by 6, the previous year by 4, the year before that

by 2, and the other years by 1.

c. Compute the errors of the forecasts in parts (a) and (b) and then the MAD. Which forecast is

better?

Year Factory Orders ($ billion)

1 2,512.7

2 2,739.2

3 2,874.9

4 2,934.1

5 2,865.7

6 2,978.5

7 3,092.4

8 3,356.8

9 3,607.6

10 3,749.3

11 3,952.0

12 3,949.0

13 4,137.0

Question 3

The “Economic Report to the President of the United States” included data on the amounts of

manufacturers’ new and unﬁlled orders in millions of dollars. Shown here are the ﬁgures for new

orders over a 21-year period. Use Excel to develop a regression model to ﬁt the trend effects for

these data. Use a linear model and then try a quadratic model. How well does either model ﬁt the

data?

Year Total Number of New Orders

1 55,022

2 55,921

3 64,1 82

4 76,003

5 87,327

6 85,139

7 99,513

8 115,109

9 131,629

10 147,604

11 156,359

12 168,025

13 162,140

14 175,451

15 192,879

16 195,706

17 195,204

18 209,389

19 227,025

20 240,758

21 243,643

Question 1

Determine the error for each of the following forecasts. Compute MAD and MSE.

Period Value Forecast Error

1 202 — —

2 191 202

3 173 192

4 169 181

5 171 174

6 175 172

7 182 174

8 196 179

9 204 189

10 219 198

11 227 211

Question 2

The U.S. Census Bureau publishes data on factory orders for all manufacturing, durable goods, and

nondurable goods industries. Shown here are factory orders in the United States over a 13-year

period ($ billion).

a. Use these data to develop forecasts for the years 6 through 13 using a 5-year moving average.

b. Use these data to develop forecasts for the years 6 through 13 using a 5-year weighted

moving average. Weight the most recent year by 6, the previous year by 4, the year before that

by 2, and the other years by 1.

c. Compute the errors of the forecasts in parts (a) and (b) and then the MAD. Which forecast is

better?

Year Factory Orders ($ billion)

1 2,512.7

2 2,739.2

3 2,874.9

4 2,934.1

5 2,865.7

6 2,978.5

7 3,092.4

8 3,356.8

9 3,607.6

10 3,749.3

11 3,952.0

12 3,949.0

13 4,137.0

Question 3

The “Economic Report to the President of the United States” included data on the amounts of

manufacturers’ new and unﬁlled orders in millions of dollars. Shown here are the ﬁgures for new

orders over a 21-year period. Use Excel to develop a regression model to ﬁt the trend effects for

these data. Use a linear model and then try a quadratic model. How well does either model ﬁt the

data?

Year Total Number of New Orders

1 55,022

2 55,921

3 64,1 82

4 76,003

5 87,327

6 85,139

7 99,513

8 115,109

9 131,629

10 147,604

11 156,359

12 168,025

13 162,140

14 175,451

15 192,879

16 195,706

17 195,204

18 209,389

19 227,025

20 240,758

21 243,643

Show More

Show Less

Was this answer helpful?

Describe your issueThe assistant will guide you

Chat 1:1 with a tutorLicensed Experts are available 24/7

100% satisfaction guaranteeGet all the answers you need

Related Calculus and Above Questions

Which is a true statement about the forecasting errors? The

Which is a true statement about the forecasting errors? The forecast method with the high MAD, MSE, MAPE is best. The forecast method with the lowest MAD, MSE, MAPE is worst. The forecast method with … read more

5. Based on the MAD scores, which forecast is best for the

5. Based on the MAD scores, which forecast is best for the same data set?Three-period moving average, because the MAD score is lowest. Three-period weighted moving average, because the MAD score is lo… read more

Business Analytics - 3 question Assignment: This Assignment

Business Analytics - 3 question Assignment: This Assignment requires you to use Excel. Show work and I will need this by tonight, June 28 EST. Question 1 Determine the error for each of the following … read more

Glenn only 1. Unit 5: Time Series Forecasting - Quiz - Due

For Mr. Glenn only 1. Unit 5: Time Series Forecasting - Quiz - Due today (timed 1 hour) 2. Just need a topic for Discussion Board: Discussion Topic has to be something I can apply the following analys… read more

1. Enrollment in a particular class for the last four

1. Enrollment in a particular class for the last four semesters has been 122, 128, 100, and 155 (listed from oldest to most recent). The best forecast of enrollment next semester, based on a three-sem… read more

Can I get the media fire file on this page http://www.justanswer.com/calculus-and-above/7h

Can I get the media fire file on this page http://www.justanswer.com/calculus-and-above/7hoqj-assignment-requires-use-excel-question-3.html Ill pay you for the file I need this assignment done by 12am… read more

I need this NOW- Its been answered and for some reason I cant

I need this NOW- It's been answered and for some reason I can't find a way to answer it/see it... please help Question 1 Determine the error for each of the following forecasts. Compute MAD and MSE. P… read more

Question 1 Determine the error for each of the following

Question 1 Determine the error for each of the following forecasts. Compute MAD and MSE. Period Value Forecast Error 1 202 — — 2 191 202 3 173 192 4 169 181 5 171 174 6 175 172 7 182 174 8 196 179 9 2… read more

This assignment requires you to use Excel. In question 3, you

This assignment requires you to use Excel. In question 3, you will use the regression tool from the analysis toolpack. Make sure to use the Assignment 5 template found in your online course when you t… read more

Determine the error for each of the following forecasts. Compute

Determine the error for each of the following forecasts. Compute MAD and MSE. Period Value Forecast Error 1 202 — — 2 191 202 3 173 192 4 169 181 5 171 174 6 175 172 7 182 174 8 196 179 9 204 189 10 2… read more

You answered these questions four months ago. Can you provide

You answered these questions four months ago. Can you provide me with the answers? Question 1 Determine the error for each of the following forecasts. Customer Question Question 1 Determine the error … read more

For John Only: I have three statistics questions on forecast

For John Only: I have three statistics questions on forecast that I need solution to. You had answered these three questions 3 months ago. Can you please provide solution to it? You had put it in MS w… read more

Question 1 Determine the error for each of the following forecasts.

Question 1 Determine the error for each of the following forecasts. Compute MAD and MSE. Period Value Forecast Error 1 202 ------------- ----------- 2 191 202 3 173 192 4 169 181 5 171 174 6 175 172 7… read more

This assignment requires you to use Excel. In question 3, you

This assignment requires you to use Excel. In question 3, you will use the regression tool from the analysis toolpack. Make sure to use the Assignment 5 template found in your online course when you t… read more

Which of the following is considered a causal method of forecasting?

Question 1 1. Which of the following is considered a causal method of forecasting? Answer a. exponential smoothing b. Delphi method c. Holt's method d. None of the above 5 points Question 2 1. Which o… read more

This assignment requires you to use Excel. In question 3, you

This assignment requires you to use Excel. In question 3, you will use the regression tool from the analysis toolpack. Make sure to use the Assignment 5 template found in your online course when you t… read more

A time series with forecast values and error terms

1. A time series with forecast values and error terms is presented in the following table. The mean error (ME) for this forecast is ___________. Month Actual Forecast Error July 5 Aug 11 5 6.00 Sept 1… read more

Question for Mr Glenn G. T. I need it for Friday Jan 11 at

Question for Mr Glenn G. T. I need it for Friday Jan 11 at 1.00 pm ET This assignment requires you to use Excel. In question 3, you will use the regression tool from the analysis toolpack. Make sure t… read more

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.

JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.

Web sites like justanswer.com/legal

...leave nothing to chance.

...leave nothing to chance.

Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.

Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.

I will tell you that...the things you have to go through to be an Expert are quite rigorous.

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

Los Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

Hesperia, CA

I couldn't be more satisfied! This is the site I will always come to when I need a second opinion.

Kernersville, NC

Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around.

Woodstock, NY

Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know.

Elkton, Maryland

He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here.

Dallas, TX

< Previous | Next >

rajeevanpillai

Master's Degree

1,335 satisfied customers

B.Sc Mathematics and M.Sc, M Phil Statistics

Mr. Gregory White

Master's Degree

114 satisfied customers

M.A., M.S. Education / Educational Administration

SusanAthena

Master's Degree

102 satisfied customers

Tutor for Algebra, Geometry, Statistics. Explaining math in plain English.

Dr Arthur Rubin

Doctoral Degree

96 satisfied customers

Ph.D. in Mathematics, 1978, from the California Institute of Technology, over 20 published papers

JACUSTOMER-yrynbdjl-

Master's Degree

42 satisfied customers

I have a MS in Mathematics and I have taught Mathematics for 10 years at the college level.

dhouse1940

Master's Degree

33 satisfied customers

BS mathematics, MS biostatistics, 35+ yrs designing & analyzing biological experiments.

Don

Master's Degree

29 satisfied customers

M.S. Astronautical Engineering. Math/Sci/Comp Tutor

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.