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

A parcel of land purchased by clean energy inc is estimated

A parcel of land purchased by Clean Energy, Inc. is estimated to contain 15.25 million tons of anthracite coal. The purchase price was $10,850,000, startup costs were $3,411,000, and the residual value is $1,464,000. If ...

You have been asked to evaluate the effects of a new

You have been asked to evaluate the effects of a new educational video that was developed to reduce racial prejudice among adolescents. You plan to administer a pretest measure of racial attitudes to 60 adolescent partic ...

While this campaign ended with a massive us military

While this campaign ended with a massive US military victory in which the Viet Cong were utterly destroyed as a fighting force, it is widely considered a major political defeat for the US because it initiated a major gro ...

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 ...

According to pew research center 71 of internet users

According to Pew Research Center, 71% of Internet users accessed video-sharing sites in August2011. A random sample of 50 Internet users was selected. Using the normal approximation to thebinomial distribution, what is t ...

How did the supreme court aid the development of a market

How did the Supreme Court aid the development of a market economy?

1 how do mixed expericorr designs differ from other

1. How do mixed/ expericorr designs differ from other experimental designs? 2. Distinguish between an independent variable and a subject variable.

A buyer suspects that the factorys claimed life of mean is

A buyer suspects that the factory's claimed life of mean is 3000 hours for these light balls are too high. To check the claim, the factory tests 50 of these light balls and gets a mean lifetime of sample mean = 2988 hour ...

Consider repair costs for car a and car b the mean repair

Consider repair costs for Car A and Car B. The mean repair cost for each is $500 per year. Which statistics about repair costs may play into your decision to purchase one of these cars? Which car would you choose? Explai ...

A manufacturer claims that fewer than 6 of its fax machines

A manufacturer claims that fewer than 6% of its fax machines are defective. In a random sample of 240 such fax machines, 12 are defective. A) Find the sample portion of defective fax machine B) Find the critical Z value ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

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