Question: Consider the following time series data in average temperatures for the year 2022 in San Antonio. Using the same time series to answer questions 13
Consider the following time series data in average temperatures for the year 2022 in San Antonio.
Using the same time series to answer questions 13 - 17, develop a 4-month MVA and use = 0.25 to compute the exponential smoothing values:
MonthValueJanuary74February78March83April87May88June85July81August80September80October78November75December
13.
Compute the forecast for December for a four-month moving average for this time series.
14.
What is the MSE for the four-month moving average time series?
15. What is the forecast for December using = 0.25 to compute the exponential smoothing values for the time series?
16. What is the MSE for the exponential smoothing time series using = 0.25?
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