Question: cecasted values The difference between the actual value of the time series and the forecasted B. D sum of squares of residual residual white noise

cecasted values The difference between the actual
cecasted values The difference between the actual value of the time series and the forecasted B. D sum of squares of residual residual white noise sum of variation of the following model selection criteria, which is often the most important in the determination of the appropriate forecast method? A Technical background of the forecast user. Patterns of the data that have been exhibited in the past. How much money is funded in the forecast budget? What is the forecast horizon? D. SECTION B: ONE STRUCTURED QUESTION (35 MARKS) Instruction: Write your final answers on the space provided and show all relevant workings on the working sheets on pages 5 and 6. a) Table i presents the sales volume for Larry Company OF () F (ii) F Time Sales MA(3) SES, 0.91 [LES, (RM) -0.4.-0.7) YIQI 135 Y10290 YIQ375 Y104 225 Y2Q1 180 Y202 100 Y203 85 Y204 230

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