Spotify is a music streaming platform that gives access to songs from artists all over the world.
Question:
Spotify is a music streaming platform that gives access to songs from artists all over the world. On February 28, 2018, Spotify filed for an initial public offering (IPO) on the New York Stock Exchange. The accompanying table shows a portion of the adjusted monthly stock price of Spotify from April 1, 2018, to February 1, 2019.
a. Use the 3-period moving average to forecast Spotify’s stock price for March 2019.
b. Use simple exponential smoothing with α = 0.2 to forecast Spotify’s stock price for March 2019.
c. Which is the preferred technique for making the forecast based on MSE, MAD, and MAPE?
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a b c The exponential smoothing model with 2is preferred because it leads to the smallest v...View the full answer
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ISBN: 9781260785005
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Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen
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