Mathematics Chapter 11 Homework Problem 11-38 Analysis Absolute Squared Absolute Forecast Error

subject Type Homework Help
subject Pages 1
subject Words 48
subject Textbook Managerial Decision Modeling with Spreadsheets 3rd Edition
subject Authors Barry Render, Jr. Ralph M. Stair, Nagraj Balakrishnan
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Forecasting Multiple regression
Input Data Forecasts and Error Analysis
Y x 1 x 2
Forecast Error
Absolute
error
Squared
error
Absolute
% error
Year 1 41.000 4000.000 82.000 42.449 -1.449 1.449 2.101 03.54%
Year 2 38.000 3500.000 64.000 38.553 -0.553 0.553 0.306 01.46%
Problem 11-38

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