Question: Chapter 15 Hw Q3 Answer all sections please The following time series data show the number of lightning strikes in a particular county for the

Chapter 15 Hw Q3 Answer all sections please

Chapter 15 Hw Q3 Answer all sections please The following time series

The following time series data show the number of lightning strikes in a particular county for the most recent seven months. (a) Compute MSE using the most recent value as the forecast for the next period. MSE = What is the forecast for month 8 ? (b) Compute MSE using the average of all the data available as the forecast for the next period. (Round your answer to two decimal places.) MSE = What is the forecast for month 8 ? The following time series data show the number of lightning strikes in a particular county for the most recent seven months. (a) Compute MSE using the most recent value as the forecast for the next period. MSE = What is the forecast for month 8 ? (b) Compute MSE using the average of all the data available as the forecast for the next period. (Round your answer to two decimal places.) MSE = What is the forecast for month 8

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