Question: 7) For the data in problem 6 find the best single exponential smoothing model by evaluating the MSE from 0.1 to 0.9, in increments of

7) For the data in problem 6 find the best single exponential smoothing model by evaluating the MSE from 0.1 to 0.9, in increments of 0.1. How does this model compare with the best moving average model found in problem 6?

7) For the data in problem 6 find the best single

Time Period 1 Observation 1623 1533 2 3 1455 4 1386 5 1209 6 1348 Time Period Observation 1581 7 8 1332 9 1245 10 1521 11 1421 12 1502 13 1656 14 1614 15 1332

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