Question: ( b ) Compare a three - month moving average forecast with an exponential smoothing forecast for a = 0 . 2 . Which provides
b Compare a threemonth moving average forecast with an exponential smoothing forecast for Which provides the better forecasts MSE?
Do not round your interim computations and round your final answers to two decimal places.
tabletableThreeMonthMoving AverageExponential smoothingMSE
ThreeMonth Moving Average
c What is the forecast for the next month using exponential smoothing with
If required, round your answer to two decimal places.
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