Math Problem Statement

total (Error)2 ... e-Series Value Forecast (Error)2 7.35

7.40

7.35

0.0025

7.55

7.37

0.0361

7.56

7.42

0.0195

7.60

7.46

0.0196

7.52

7.51

0.0001

7.52

7.51

0.0001

7.70

7.51

0.0361

7.62

7.57

0.0027

7.55

7.58

0.0011

Total

Solution

To compute the total value for (Error)2(Error)^2 in this data set, you simply sum up all the given values in the (Error)2(Error)^2 column. Here is the computation step-by-step:

Given data:

\text{(Error)^2 values: } 0.0025, 0.0361, 0.0195, 0.0196, 0.0001, 0.0001, 0.0361, 0.0027, 0.0011

Adding these values:

0.0025+0.0361+0.0195+0.0196+0.0001+0.0001+0.0361+0.0027+0.0011=0.11780.0025 + 0.0361 + 0.0195 + 0.0196 + 0.0001 + 0.0001 + 0.0361 + 0.0027 + 0.0011 = 0.1178

Total (Error)2(Error)^2: 0.1178\mathbf{0.1178}

Let me know if you need further explanation or want this in a different format!

Here are some questions to expand on this:

  1. Would you like a visualization of these errors, such as a bar chart?
  2. Do you want to calculate the Mean Squared Error (MSE) or another metric?
  3. Should I analyze trends or deviations between the forecast and actual values?
  4. Do you need assistance interpreting these results in a real-world context?
  5. Would you like help automating calculations like these for larger datasets?

Tip: Always verify that your forecast values align with actual trends to minimize error over time.

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Summation
Squared Errors
Forecast Analysis

Formulas

Sum of squared errors: Total (Error)^2 = Σ (Error)^2

Theorems

-

Suitable Grade Level

Grades 9-12