Question: b. Develop a three-week moving average for this time series. Compute MSE and a forecast for week 7. Round your answers to two decimal places.

b. Develop a three-week moving average for this

b. Develop a three-week moving average for this time series. Compute MSE and a forecast for week 7. Round your answers to two decimal places. Week me Series Forecast Value 16 2 12 3 14 4 13 14 15 13 6 14 L1 MSE: 1.67 The forecast for week 7: 14 c. Use a = 0.2 to compute the exponential smoothing values for the time series. Compute MSE and a forecast for week 7. Round your answers to two decimal places. Time Series Week/ Forecast Value 16 2 12 16 3 14 15.2 4 13 14.96 5 15 14.57 | 6 14 14.65 x MSE: 1.67 x The forecast for week 7: 14 X d. Compare the three-week moving average forecast with the exponential smoothing forecast using a = 0.2. Which appears to provide the better forecast based on MSE? Three-week moving average

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