please help this is due tomorow any help would be greatley appreciated! Instruct
ID: 3221652 • Letter: P
Question
please help this is due tomorow any help would be greatley appreciated!
Instructions:Question 1 contains the actual values for 12 periods (listed in order, 1-12). In Excel, create forecasts for periods 6-13 using each of the following methods: 5 period simple moving average; 4 period weighted moving average (0.63, 0.26, 0.08, 0.03); exponential smoothing (alpha = 0.23 and the forecast for period 5 = 53); linear regression with the equation based on all 12 periods; and quadratic regression with the equation based on all 12 periods. Round all numerical answers to two decimal places, and Label each answer!
QUESTION 1 The actual values for 12 periods (shown in order) are: (1) 45 (2) 52 (3) 48 (4) 59 (5) 55 (6) 55 (7) 64 (8) 58 (9) 73 (10) 66 (11) 66 (12) 74 Using a 5 period simple moving average, the forecast for period 13 will be: I THINK ITS 67.4 BUT IM NOT SURE CAN SOMEBODY CHECK FOR ME?
QUESTION 2 Using the 4 period weighted moving average, the forecast for period 13 will be:I THINK ITS 70.65 BUT IM NOT SURE CAN SOMEBODY CHECK FOR ME?
QUESTION 3 With exponential smoothing, the forecast for period 13 will be:I THINK ITS 64.8568 BUT IM NOT SURE CAN SOMEBODY CHECK FOR ME?
QUESTION 4 With linear regression, the forecast for period 13 will be:I THINK ITS 74.560606060 BUT IM NOT SURE CAN SOMEBODY CHECK FOR ME?
QUESTION 5 With quadratic regression, the forecast for period 13 will be: I HAVE NO IDEA WHAT THIS ANSWER IS
QUESTION 6 Considering only the forecasts for period 6-12, what is the lowest MAD value for any of the methods? I HAVE NO IDEA WHAT THIS ANSWER IS
Explanation / Answer
a)moving average is correct (67.4)
b) 0.63*74+0.26*66+0.08*66+0.03*73 = 71.25
c) by exponential
65.51104
d) regression
2.3042 44.6061
>> 2.3042*13+44.6061
ans =
74.5607
e)quadratic
ans =
-0.0192 2.5542 44.0227
>> -0.0192*169+2.5542*13+44.0227
ans =
73.9825
f) MAD formula
you have to calculate for each one method
F_k is forecast , A_k is actual value
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