Consider the following time series data.Week13Value161416111714(a) Choose the correct time series plot.(i)2018161412108.4(b) Develop a three-week moving average for this time series. Compute MSE and a forecast for week 7.Do not round intermediate calculations. If required, round your answers to two decimal places.Week ValueForecast16141641115.671714MSE:The forecast for week 7:Time Series Value c) Use a = 0.2 to compute the exponential smoothing values for the time series. Compute MSE and a forecast for week 7.Do not round intermediate calculations. If required, round your answers to two decimal places.Week ValueForecast162.1416115.176.14MSE:The forecast for week 7:(d) Compare the three-week moving average forecast with the exponential smoothing forecast using a = 0.2. Which appears to provide thebetter forecast based on MSE?- Select your answer -Explain.Using this approach results in aMSE.Select your answer(e) Use trial and error to find a value of the exponential smoothing coefficient a that yields the minimum MSE. Do not round intermediatecalculations. Use a two-decimal digit precision for the exponential smoothing coefficient.alpha:

Given data according to weeks We have to calculate forcast by moving average method and exponential…

Answered: Consider the following time series…

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter4: Linear Functions

Section4.3: Fitting Linear Models To Data

Problem 24SE: Table 6 shows the year and the number ofpeople unemployed in a particular city for several years....

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severe storms indicate that e3.5 feet. Does this information suggest that the storm is (perhaps temporarily) increasing above the severe rating? Use off fxed cement piers. Suppose that a reading of 31 waves showed an average wave height of x= 16.7 feet. Previous studies of Weatherwise is a magazine published by the American Meteorological Society. One issue gives a rating system used to classify Nor'easter storms that frequently hit New England and can cause much damage near the ocean. A severe storm has an average peak wave height of 164 feet for waves hitting the shore. Suppose that a Nor'easter is in progress at the severe storm class rating. Peak wave heights are usually measured from land C (a) What is the level of significance? State the null and alternate hypotheses. Ho: H- 16.4 ft; H:>'16.4 ft Ho: H 16.4 ft; H1: = 16.4 ft Ho: H- 16.4 ft; H: H+ 16.4 ft (b) What sampling distribution will you use? Explain the rationale for your choice of sampling distribution. The standard…
Demand for haircut at PogiPoints Barber Shop has increased steadily for the past few months as seen in the following time series data. Do the necessary computations and choose the best answer that would complete each statement. With alpha = 0.8, the ES forecast for Month 6 would be: * A. 565 haircuts B. 574 haircuts C. 578 haircuts D. 584 haircuts
please find any data set. perform descriptive and time series analytics on the data
Demand for haircut at PogiPoints Barber Shop has increased steadily for the past few months as seen in the following time series data. Do the necessary computations and choose the best answer that would complete each statement. The demand forecast for Month 6 would be: * A. 565 haircuts B. 574 haircuts C. 578 haircuts D. 584 haircuts
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Consider the following time series data. Week 1 2 3 4 6. Value 16 14 16 11 17 14 (a) Choose the correct time series plot. (i) 20 18 16 14 12 10 Series Value