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BRB Company

3-Month Moving 3-Month Moving


Month Actual Shed Sales
Average Average

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 Deviation Absolute Deviation
Unloaded
a=.10 a=.50 (a=.10) (a=.50)
1 180 175 175 5.00 5.00
2 168 175.50 177.50 7.50 9.50
3 159 174.75 172.75 15.75 13.75
4 175 173.18 165.88 1.82 9.13
5 190 173.36 170.44 16.64 19.56
6 205 175.02 180.22 29.98 24.78
7 180 178.02 192.61 1.98 12.61
8 182 178.22 186.30 3.78 4.30
9 178.60 184.15
Forecast Errors
10.307 12.329
re
Mean Squared Error Mean Absolute Percentage Error

(Error)^2 for (Error)^2 for Absolute Percent Absolute Percent


a=.10 a=.50 Error for a=.10 Error for a=.50
25.00 25.00 2.78 2.78
56.25 90.25 4.46 5.65
248.06 189.06 9.91 8.65
3.33 83.27 1.04 5.21
276.97 382.69 8.76 10.30
898.70 614.11 14.62 12.09
3.92 159.00 1.10 7.01
14.31 18.53 2.08 2.37

190.817 195.238 5.594 6.756


Nodel Construction Company

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


Billions),x Millions), y x^2 y^2
1 1 2 9 4
2 3 3 16 9
3 4 2.5 4 6.25
4 2 2 1 4
5 1 2 49 4
6 7 3.5 324 12.25
Sum
18 15 403 39.5
x̅ 3
xy ȳ 2.5
2 b 0.25
9 a 1.75
10 Standard Error of the 0.306186
4 Estimate 1.339562
2 Correlation 0.901388
24.5 coefficients 0.971965
ȳ = 1.75 + 0.25 X
51.5

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