Question: Consider the following time series data. Week 1 2 3 4 5 6 Value 18 14 16 12 17 15 b. Develop the three-week moving

Consider the following time series data.

Week 1 2 3 4 5 6
Value 18 14 16 12 17 15

b. Develop the three-week moving average forecasts for this time series. Compute MSE and a forecast for week 7 (to 2 decimals if necessary).

MSE

2.70?

The forecast for week 16?

c. Use a=0.2 to compute the exponential smoothing forecasts for the time series. Compute MSE and a forecast for week (to 2 decimals).

MSE ???
The forecast for week 7 9.02?

e. Use a smoothing constant of a=0.4 to compute the exponential smoothing forecasts. Compute MSE (to 2 decimals).

ans = ??

I am missing answers for MSE for part B and answer for part E I filled out rest but I want to double check if i am right. please correct any wrong answers i might have. thank you

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