Mathematics Chapter 11 Homework Problem 11-31 Average Error Absolute Squared Absolute

subject Type Homework Help
subject Pages 1
subject Words 55
subject Authors Barry Render, Jr. Ralph M. Stair, Nagraj Balakrishnan

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Forecasting Causal regression analysis
Input Data Forecast Error Analysis
Period
Dep Variable
(or) (Y)
Indep Variable
(or) (X)
Forecast Error
Absolute
error
Squared
error
Absolute
% error
Year 1 0.29 2.34 0.357 -0.067 0.067 0.004 23.11%
Problem 11-31

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