BRB Company

3-Month Moving
3-Month Moving
Month Actual Shed Sales Average
Average (weight=3,2,1)
January 10
February 12
March 13
April 16 11.67 12.167
May 19 13.67 14.333
June 23 16.00 17.000
July 26 19.33 20.500
August 30 22.67 23.833
September 28 26.33 27.500
October 18 28.00 28.333
November 16 25.33 23.333
December 14 20.67 18.667
 Port of Baltimore

Mean Absolute Deviation

Quarter Actual Tonnage Forecast with Forecast with Absolute

Unloaded a=.10 a=.50 Deviation (a=.10)
1 180 175.00 175.00 5.00
2 168 175.50 177.50 7.50
3 159 174.75 173.75 15.75
4 175 173.18 165.88 1.82
5 190 173.36 166.79 16.64
6 205 175.02 175.11 29.98
7 180 178.02 190.10 1.98
8 182 178.22 191.09 3.78
9 n/a 178.60 192.98

Forecast errors 10.307

 Port of Baltimore

Mean Absolute Deviation Mean Squared Error Mean Absolute Percentage Error
Absolute
Deviation for a (Error)^2 for a=.10 (Error)^2 for a=.50 Absolute Percent Absolute Percent
Error for a=.10 for a=.50
(a=.50)
5.00 25.00 25.00 2.778 2.778
9.50 56.25 90.25 4.464 5.655
14.75 248.06 217.56 9.906 9.277
9.13 3.33 83.27 1.043 5.214
23.21 276.97 538.82 8.759 12.217
29.89 898.70 893.49 14.624 14.581
10.10 3.92 101.97 1.100 5.610
9.09 14.31 82.59 2.078 4.993

13.833 190.817 254.118 5.594 7.541

 Nodel Construction Company

Area Payroll (In $ Nodel's Sales (In $

x^2 y^2
Billions), x Millions), y
1 1 2 1 4
2 3 3 9 9
3 4 2.5 16 6.25
4 2 2 4 4
5 1 2 1 4
6 7 3.5 49 12.25

Sum 18 15 80 39.5
 x̄ 3
xy
y̅ 2.5
2 b 0.25
9 a 1.75
10 Standard Error of
0.3061862178479
4 the Estimate
2 Correlation
0.901387818866
24.5 coefficients

51.5 ŷ = 1.75 + 0.25 x