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    Statistics
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    Business Statistics
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    Exam 18: Time Series and Forecasting
  5. Question
    The Past Monthly Demands Are Shown Below
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The Past Monthly Demands Are Shown Below

Question 69

Question 69

Multiple Choice

The past monthly demands are shown below. The naïve method, that is, the one-period moving average method, is applied to make forecasts. The past monthly demands are shown below. The naïve method, that is, the one-period moving average method, is applied to make forecasts.   What is the mean square error of the forecasts? A)  −1.67 B)  275.00 C)  91.67 D)  8.33 What is the mean square error of the forecasts?


A) −1.67
B) 275.00
C) 91.67
D) 8.33

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