Question: Consider the following time series data: Week 1 2 3 4 5 6 Value 24 13 20 12 19 23 Compare three week moving average
Consider the following time series data: Week 1 2 3 4 5 6 Value 24 13 20 12 19 23 Compare three week moving average forecast with exponential smoothing forecast using ( = 0.1). Which appears to provide better forecast based on MSE? Explain. (For this problem you may submit hand written work or you may type your answer on excel.)
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