Calculate the root-mean-square error for data set, Microeconomics

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Calculate the root-mean-square error for data set

The table below shows the demand for Fidgets (they're like Widgets, only they're more active) over an 8-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.

Month Demand
Jan 10
Feb 11
Mar 5
Apr 8
May 6
Jun 11
Jul 5
Aug 11

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Microeconomics: Calculate the root-mean-square error for data set

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Microeconomics: Calculate the root-mean-square error for data set

Reference No:- TGS055338

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Recent Questions Asked Microeconomics

Q : Weighted average cost of capital-wayco industrial supply

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Microeconomics: Calculate the root-mean-square error for data set

Reference No:- TGS055338

Recent Questions Asked Microeconomics

Q : Weighted average cost of capital-wayco industrial supply

Q : Explain role of differentiation in market for pizza

Q : Calculating the financial break-even point

Q : What long-run adjustments to expect

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Q : Decision-making and cash flow data

Q : By how much will pendleton''s operating income increase

Q : How recent natural disaster in japan affected automobiles

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