Question: Chap 15 Prob # 11 This assignment is due by Saturday night 04/23/2022. Late submissions will not be accepted. Remember: This must be your own

Chap 15 Prob # 11 This assignment is due by

Chap 15 Prob # 11 This assignment is due by Saturday night 04/23/2022. Late submissions will not be accepted. Remember: This must be your own work, it is NOT a group project. College Code of Conduct applies. On a sheet of paper do the following a) Draw the Time Series plot for this exercise b) Write out the 3-month moving average and the exponential smoothing forecasts for this exercise. Read about Exponential smoothing in the textbook page 719. We will discuss Exponential smoothing again when we reconvene after the break. Compare the MSE measures for the two forecasts and decide which is the better forecast. c) Find the forecasts for month-13 by both methods and explain which is the better forecast for month-13. d) Scan your answers to a, b, c above and submit by clicking on the words "Chap 15 - Prob #11" above. Chap 15 Prob # 11 This assignment is due by Saturday night 04/23/2022. Late submissions will not be accepted. Remember: This must be your own work, it is NOT a group project. College Code of Conduct applies. On a sheet of paper do the following a) Draw the Time Series plot for this exercise b) Write out the 3-month moving average and the exponential smoothing forecasts for this exercise. Read about Exponential smoothing in the textbook page 719. We will discuss Exponential smoothing again when we reconvene after the break. Compare the MSE measures for the two forecasts and decide which is the better forecast. c) Find the forecasts for month-13 by both methods and explain which is the better forecast for month-13. d) Scan your answers to a, b, c above and submit by clicking on the words "Chap 15 - Prob #11" above

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