Calculate the mean absolute deviation based on a 2-day


Daily high temperatures in St. Louis for the last week were as follows: 93, 94, 93, 95, 96, 88, 90 (yesterday).

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

b) Forecast the high temperature today, using a 2-day moving average.

c) Calculate the mean absolute deviation based on a 2-day moving average.

d) Compute the mean squared error for the 2-day moving average.

e) Calculate the mean absolute percent error for the 2-day moving in average.

Request for Solution File

Ask an Expert for Answer!!
Operation Management: Calculate the mean absolute deviation based on a 2-day
Reference No:- TGS02921436

Expected delivery within 24 Hours