Mathematics Chapter 11 Homework Problem 11-32 Mad Mse Mape Regression Line

subject Type Homework Help
subject Pages 3
subject Words 87
subject Authors Barry Render, Jr. Ralph M. Stair, Nagraj Balakrishnan

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Forecasting Causal regression analysis
Input Data Forecast Error Analysis
Student
Dep Variable
(or) (Y)
Indep Variable
(or) (X)
Forecast Error
Absolute
error
Squared
error
Absolute
% error
A 3.00 460 2.700 0.300 0.300 0.090 10.00%
C 3.10 630 3.184 -0.084 0.084 0.007 2.72%
E 3.76 650 3.241 0.519 0.519 0.269 13.79%
G 2.25 460 2.700 -0.450 0.450 0.202 20.00%
I 3.32 770 3.583 -0.263 0.263 0.069 7.93%
K 2.85 650 3.241 -0.391 0.391 0.153 13.73%
M 1.70 410 2.557 -0.857 0.857 0.735 50.44%
Slope
0.003
SE 0.642
Problem 11-32
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1.50
2.00
3.00
4.50
Regression Line
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0.00
0.50
1.50
3.00
4.00
4.50
Actual vs. Forecast

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