Question: For the data given below, forecast period 1 7 using following methods and suggest the best forecasting model 1 . Simple Moving Average ( Three
For the data given below, forecast period using following methods and suggest the best forecasting model
Simple Moving Average Three Period
Weighted Average on t on t on t
Exponential Smoothing alpha F y intercept from regression
Exponential Smoothing alpha F y intercept from regression
Exponential Smoothing with trend alpha and delta F y intercept from regression
Exponential Smoothing with trend alpha and delta F y intercept from regression
Regression analysis
Plot a single graph representing actual sales and all of the above forecastined sales.
Calculate MAD, MSE and MAPE. Suggest which of the above method is most accurate.
Add more columns to the below template as needed.
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