Question

The following historical data have been collected representing sales of a product. Compare forecasts using a three-period moving average, exponential smoothing with α = 0.2, and linear regression. Using MAD and MSE, which forecasting model is best? Are your results the same using the two error measures?
Week .... Demand
1 ...... 20
2 ...... 31
3 ...... 36
4 ...... 38
5 ...... 42
6 ...... 40



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  • CreatedJuly 11, 2014
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