John has collected the following information on the amount of tips he has collected from parking cars the last seven nights.
a.Compute the 3-day moving averages for the time series.
b.Compute the mean square error for the forecasts.
c.Compute the mean absolute deviation for the forecasts.
d.Forecast John's tips for day 7.

Question

John has collected the following information on the amount of tips he has collected from parking cars the last seven nights.  
a.Compute the 3-day moving averages for the time series.
b.Compute the mean square error for the forecasts.
c.Compute the mean absolute deviation for the forecasts.
d.Forecast John's tips for day 7.

Quizplus · Accepted Answer

The Answer of John has collected the following information on the amount of tips he has collected from parking cars the last seven nights.  
a.Compute the 3-day moving averages for the time series.
b.Compute the mean square error for the forecasts.
c.Compute the mean absolute deviation for the forecasts.
d.Forecast John's tips for day 7.

John Has Collected the Following Information on the Amount of Tips