Assignment:
A Canadian tourist travelling to Miami learned that the local temperatures in Fahrenheit for the last week were as follows: 93, 94, 93, 95, 96, 88, 90 (yesterday).
- Forecast the high temperately today, using a three-day moving average.
- Forecast the high temperature today, using a two-day moving average.
- Calculate the mean absolute deviation based on a two-day moving average.
- Compute the mean squared error for the two-day moving average.
- Calculate the mean absolute percent error for the two-day moving average.
Provide complete and step by step solution for the question and show calculations and use formulas.