BSOP 330 Week 2 Lab Assignments Chapter Four Problems 4.23, 4.27, 4.33, and 4.35
Chapter Four Problems 4.23, 4.27, 4.33, and 4.35.
a) Compute MAD and MAPE for management’s technique
b) Do management’s results outperform (i.e., have smaller MAD and MAPE than) a naive forecast?
c) Which forecast do you recommend, based on lower forecast error?
a) Forecast the number of transistors to be made next year, using linear regression.
b) Compute the mean squared error (MSE) when using linear regression.