Consider the following time series data. month 1 2 3 4 5 6 7 |8 value 18 16 20 18 22 20 15 22 a. Develop the three-month moving average forecasts for this time series. Compute MSE and a forecast for month9. a=0.2 to compute the exponential smoothing forecasts for the time series. Compute MSE and a forecast for month9. c. Which method appears to provide the better forecast?
Consider the following time series data. month 1 2 3 4 5 6 7 |8 value 18 16 20 18 22 20 15 22 a. Develop the three-month moving average forecasts for this time series. Compute MSE and a forecast for month9. a=0.2 to compute the exponential smoothing forecasts for the time series. Compute MSE and a forecast for month9. c. Which method appears to provide the better forecast?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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