Problem -1 For the moving average problem below, determine (in the Excel file):
B) (45 points)
Determine quarterly seasonal factors and perform all the above steps using the seasonal factors.
(hint: to save time, you can copy and paste the entire table into Excel)
Year | Quarter | TRUE | |||||||
Value | Moving Average Value | ||||||||
5,005 | n= | ||||||||
4,822 | |||||||||
5,700 | |||||||||
5,300 | |||||||||
5,510 | |||||||||
7,300 | Mean Absolute Deviation | ||||||||
6,490 | MAD = | ||||||||
4,810 | |||||||||
5,800 | Mean Square Error | ||||||||
6,850 | MSE = | ||||||||
6,520 | |||||||||
7,050 |
Problem – 2 (5 points each):
Bonus: (6 points) Please write the answers on a separate tab in same the Excel file.
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