Refer to your exponential smoothing forecasts of the quarterly S&P 500 for 2015, Exercise 14.29. a. Calculate
Question:
Refer to your exponential smoothing forecasts of the quarterly S&P 500 for 2015, Exercise 14.29.
a. Calculate MAD, MAPE, and RMSE for the forecasts with w = .7.
b. Calculate MAD, MAPE, and RMSE for the forecasts with w = .3.
c. Compare MAD, MAPE, and RMSE for the two simple exponential smoothing forecast models. Which model leads to more accurate forecasts?
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a From Exercise 1429a the forecasts for the 4 quarters ...View the full answer
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Related Book For
Statistics For Business And Economics
ISBN: 9780134506593
13th Edition
Authors: James T. McClave, P. George Benson, Terry Sincich
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