Question: Department Store Sales. The time plot in Eigure 1 8 . 7 . describes actual quarterly sales for a department store over a 6 -
Department Store Sales. The time plot in Eigure describes actual quarterly sales for a department store over a year period data are available in DepartmentStoreSales.csv data courtesy of Chris Albright
a Which of the following methods would not be suitable for forecasting this series?
Moving average of raw series
Moving average of deseasonalized series
Simple exponential smoothing of the raw series
Double exponential smoothing of the raw series
HoltWinter's exponential smoothing of the raw series
b The forecaster was tasked to generate forecasts for four quarters ahead. He therefore partitioned the data such that period, fourquaster apedeen ted are sig task by
using multiplicative HoltWinter's exponential smoothing.
The smoothing parameters used were a B V
i Run this method on the data.
ii The forecasts for the validation set are given in Table
Compute the MAPE values for the forecasts of
Q and Q
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