Question: ( b ) Develop a three - week moving average for this time series. Compute MSE and a forecast for week 7 . Do not
b Develop a threeweek moving average for this time series. Compute MSE and a forecast for week
Do not round intermediate calculations. If required, round your answers to two decimal places.
tableWeek Value,Forecast,
MSE
The forecast for week :
c Use to compute the exponential smoothing values for the time series. Compute MSE and a forecast for week
Do not round intermediate calculations. If required, round your answers to two decimal places.
tableWeekValue,Forecast
MSE:
The forecast for week :
d Compare the threeweek moving average forecast with the exponential smoothing forecast using Which appears to provide the better forecast based on MSE?
Select your answer
Explain.
Using this approach results in a
ASE. alpha:
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