Lesson 8

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February 15, 2015 at 8:41 pm  •  Posted in s15-busad360 by  •  0 Comments

Mon, Feb 16

Review:

  • Trend Forecasting

Presentation:

  • Measurement of Forecast Error
    • Mean Absolute Deviation (MAD)
    • Mean Square Error (MSE)
    • Bias
  • Table 15.2 Example on p. 606 Prob15.1
    • Problem 15.1, 15.3

Assignment:

  • Read p. 603-606, Intro to Forecasting, Measurement of Forecast Error
  • Complete Problems 15.2 and 15.4 on p. 607.
  • Calculate MAD and MSE for Problems 15.10, 15.12 on p. 624
  • Calculate MAD and MSE for your stock market model use all closing prices this week.

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