Question: Consider the following time series data. E. Use a=0.2 to compute the exponential smoothing values for the time series. Compute MSE and a forecast for

forecast for week 7. If required, round your answers to tivo decimal

Consider the following time series data. E. Use a=0.2 to compute the exponential smoothing values for the time series. Compute MSE and a forecast for week 7. If required, round your answers to tivo decimal pla MSE: The forecast for week 7: 1. 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? e. Use trial and error to find a value of the exponential smoothing coefficient a that results in a smaller MSE than what you calculated for a=0.2

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