Daily high temperatures in St. Louis for the last week were as follows: 93, 92, 95, 92, 95, 88, 93 (yesterday). a) The high temperature for today using a 3-day moving average = degrees (round your response to one decimal place). b) The high temperature for today using a 2-day moving average = degrees (round your response to one decimal place). c) The mean absolute deviation based on a 2-day moving average = degrees (round your response to one decimal place). d) The mean squared error for the 2-day moving average = degrees² (round your response to one decimal place). e) The mean absolute percent error (MAPE) for the 2-day moving average = % (round your response to one decimal place).

Daily high temperatures in St. Louis for the last week were as follows: 93, 92, 95, 92, 95, 88, 93 (yesterday). a) The high temperature for today using a 3-day moving average = degrees (round your response to one decimal place). b) The high temperature for today using a 2-day moving average = degrees (round your response to one decimal place). c) The mean absolute deviation based on a 2-day moving average = degrees (round your response to one decimal place). d) The mean squared error for the 2-day moving average = degrees² (round your response to one decimal place). e) The mean absolute percent error (MAPE) for the 2-day moving average = % (round your response to one decimal place).

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter6: Target Markets: Segmentation And Evaluation

Section: Chapter Questions

Problem 17DRQ: Under what conditions might a firm use multiple forecasting methods?

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Daily high temperatures in St. Louis for the last week were as follows: 92, 94, 95, 92, 95, 86, 95 (yesterday). degrees (round your response to one decimal a) The high temperature for today using a 3-day moving average = [ place). b) The high temperature for today using a 2-day moving average = place). degrees (round your response to one decimal c) The mean absolute deviation based on a 2-day moving average = degrees (round your response to one decimal place). d) The mean squared error for the 2-day moving average = degrees2 (round your response to one decimal place). e) The mean absolute percent error (MAPE) for the 2-day moving average=% (round your response to one decimal place). iev S
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