Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Mean Absolute Deviation using Moving average.

Daily high temperature in the city of Houston for the last week has been: 93,94,93,95,92,86,98 (Yesterday).

(a) Forecast the high temperature today using a 3-day moving average.

(b) Forecast the high temperature today using a 2-days moving average.

(c) Estimate the mean absolute deviation based on the 2-day moving average. You can have a forecast and an actual temperature.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M920713

Have any Question? 


Related Questions in Statistics and Probability

1e model for a simple linear regression

1. Recall the model for a simple linear regression:  where  is Normally distributed with mean 0 and variance , where Cov( ) = 0 for all i, j and Cov(  = 0 for all i,j.A day trader wishes to develop a prediction model for ...

Final stats paper the final paper provides you with an

Final Stats Paper The final paper provides you with an opportunity to integrate and reflect on what you have learned in this course. The question to address is: "What have you learned about statistics?" In developing you ...

A random sample of 1260 adults living innbspnew york

A random sample of 1,260 adults living in New York city was asked (among other things) to name their favorite sports (to watch). Of the 670 females in the survey, 375 indicated that baseball was their favorite sport. Of ...

Q1 a total 225 people were asked to report their hourly

Q1. A total 225 people were asked to report their hourly wages. The mean of the sample was 28 and it is known that the population standard deviation is 12 a) Find the 95% confidence interval for the mean. b) Find the 90% ...

In a manufacturing process a random sample of 36 bolts

In a manufacturing process a random sample of 36 bolts manufactured has a mean length of 3 inches with a standard deviation of .3 inches. What is the 99% confidence interval for the true mean length of the bolt? Please s ...

Forty-four percent of consumers with credit cards carry

Forty-four percent of consumers with credit cards carry balances from month to month. five consumers with credit cards are randomly selected. What is the probability that all consumers carry a credit card balance?

Simple takes about 25 minutes to answer in a study

Simple! (Takes about 25 minutes to answer.) In a study evaluating "Why minority males graduate American high-schools at lower rates than their counterparts", the following is needed: 1) Envisioned Quantitative Design 2) ...

Bag i contains 3 white objects and 4 black objects and bag

Bag I contains 3 white objects and 4 black objects, and Bag II contains 2 white and 6 black objects. a) You pick an object randomly from Bag I and place it into Bag II. Next you pick an object randomly from Bag II. What ...

In a pulse rate research a simple random sample of 120 men

In a pulse rate research, a simple random sample of 120 men results in a mean of 80 beats per minute, and a standard deviation of 11 beats per minute. Based on the sample results, the researcher concludes that the pulse ...

A citys mean minimum daily temperature in february is 27

A city's mean minimum daily temperature in February is 27 degrees F. Suppose the standard deviation of the minimum temperature in February is 4 degrees F and that the distribution of minimum temperatures in February is a ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen