Question: Consider the following time series data. Week 1 2 3 4 5 6 Value 18 13 16 11 17 14 c. Use a smoothing constant

Consider the following time series data.

Week 1 2 3 4 5 6
Value 18 13 16 11 17 14

c. Use a smoothing constant of = 0.4 to compute the exponential smoothing forecasts. Compute MSE.

Group of answer choices

11.78

12.93

12.09

10.07

d. Use exponential smoothing with = 0.4 to develop a forecast for week 7.

Group of answer choices

14.12

14.72

14.35

14.98

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