Forecast the student’s GPA for the fall semester of her senior year by using a three-period moving average. Forecast the student’s GPA for the fall semester of her senior year by using exponential smoothing with α=0.2 . Which of the two methods provides a more accurate forecast? Justify your answer.

Forecast the student’s GPA for the fall semester of her senior year by using a three-period moving average. Forecast the student’s GPA for the fall semester of her senior year by using exponential smoothing with α=0.2 . Which of the two methods provides a more accurate forecast? Justify your answer.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter14: Data Mining

Section14.2: Classification Methods

Problem 3P

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