Question: Before you begin Exercise 1 , let s check that you have the right data! The average should be 1 6 1 7 ! Once
Before you begin Exercise lets check that you have the right data! The average should be
Once you identify and develop an appropriate exponential smoothing model with the starting values for parameters what are the following numerical values:
The withinsample forecast for January
The outofsample forecast for October
The outofsample forecast for June
The MAPE.
The MAE.
Critically think for a way to optimise alpha and beta if there is no beta, you can input for question via the MSE, and report the following values after your optimisation:
Alpha.
Beta.
The MAPE.
The withinsample forecast for January
The outofsample forecast for June
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