The table below shows the demand for Fidgets (they're like Widgets, only they're more active) over an eight month period. Calculate a four-period moving average forecast for September. Also evaluate the quality of the four-period moving average forecasting model by calculating the root mean square error for the data set. Note: round all intermediate calculations to two decimal places.

Question

The table below shows the demand for Fidgets (they're like Widgets, only they're more active) over an eight month period. Calculate a four-period moving average forecast for September. Also evaluate the quality of the four-period moving average forecasting model by calculating the root mean square error for the data set. Note: round all intermediate calculations to two decimal places.
The table below shows the demand for Fidgets (they're like Widgets, only they're more active) over an eight month period. Calculate a four-period moving average forecast for September. Also evaluate the quality of the four-period moving average forecasting model by calculating the root mean square error for the data set. Note: round all intermediate calculations to two decimal places.

Quizplus · Accepted Answer

The Answer of The table below shows the demand for Fidgets (they're like Widgets, only they're more active) over an eight month period. Calculate a four-period moving average forecast for September. Also evaluate the quality of the four-period moving average forecasting model by calculating the root mean square error for the data set. Note: round all intermediate calculations to two decimal places.

The Table Below Shows the Demand for Fidgets (They're Like