Question: 1. (30 points) Consider the following time series data: Week 1 2 3 4 5 6 Value 24 13 20 12 19 23 (1) (15
1. (30 points) Consider the following time series data: Week 1 2 3 4 5 6 Value 24 13 20 12 19 23 (1) (15 points) Compute three week moving average forecast and forecast using expo nential smoothing (alpha = 0.02) (2) (15 points) Compute mean absolute error and mean square error for these methods.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
