
Business Forecasting 6th Edition by Holton Wilson, Barry Keating, John Solutions
Edition 6ISBN: 978-0077309305
Business Forecasting 6th Edition by Holton Wilson, Barry Keating, John Solutions
Edition 6ISBN: 978-0077309305 Exercise 3
Calculate the RMSE for your forecast of those four quarters, given that the actual sales were as shown in Table 1.6.
TABLE 1.6
The Gap Sales and a Modified Naive Forecast (Forecast = Sales[ ? 4]) (c1t6 f10) The Gap sales data are in thousands of dollars by quarter. The months indicated in the date columns represent the middle month in The Gap's financial quarter. For example, the first quarter in its fiscal year includes February, March, and April.
![Calculate the RMSE for your forecast of those four quarters, given that the actual sales were as shown in Table 1.6. TABLE 1.6 The Gap Sales and a Modified Naive Forecast (Forecast = Sales[ ? 4]) (c1t6 f10) The Gap sales data are in thousands of dollars by quarter. The months indicated in the date columns represent the middle month in The Gap's financial quarter. For example, the first quarter in its fiscal year includes February, March, and April.](https://storage.examlex.com/SM2115/11eb6c67_4b1c_c500_bdca_b907c5b9882a_SM2115_00.jpg)
![Calculate the RMSE for your forecast of those four quarters, given that the actual sales were as shown in Table 1.6. TABLE 1.6 The Gap Sales and a Modified Naive Forecast (Forecast = Sales[ ? 4]) (c1t6 f10) The Gap sales data are in thousands of dollars by quarter. The months indicated in the date columns represent the middle month in The Gap's financial quarter. For example, the first quarter in its fiscal year includes February, March, and April.](https://storage.examlex.com/SM2115/11eb6c67_4b1c_ec11_bdca_2939b435d360_SM2115_00.jpg)
TABLE 1.6
The Gap Sales and a Modified Naive Forecast (Forecast = Sales[ ? 4]) (c1t6 f10) The Gap sales data are in thousands of dollars by quarter. The months indicated in the date columns represent the middle month in The Gap's financial quarter. For example, the first quarter in its fiscal year includes February, March, and April.
Explanation
The actual and predicted values for June
Business Forecasting 6th Edition by Holton Wilson, Barry Keating, John Solutions
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