Forecasts and actual sales of MP3 players at Just Say Music are as follows: Month Forecast...

 

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Forecasts and actual sales of MP3 players at Just Say Music are as follows: Month Forecast Actual Sales March 140 April 244 May 220 June 270 July 242 August 260 September 290 298 October MSE values based on the two- and three-period moving average are 682.17 and 1,044.60, respectively. Find the best single exponential smoothing model by evaluating the MSE from 0.1 to 0.9, in increments of 0.1. Do not round intermediate calculations. Round your answers to two decimal places. Alpha 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 160 254 203 254 231 220 240 178 MSE Forecasts and actual sales of MP3 players at Just Say Music are as follows: Month Forecast Actual Sales March 140 April 244 May 220 June 270 July 242 August 260 September 290 298 October MSE values based on the two- and three-period moving average are 682.17 and 1,044.60, respectively. Find the best single exponential smoothing model by evaluating the MSE from 0.1 to 0.9, in increments of 0.1. Do not round intermediate calculations. Round your answers to two decimal places. Alpha 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 160 254 203 254 231 220 240 178 MSE

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To find the best single exponential smoothing model we need to evaluate the Mean Squared Error MSE for different values of the smoothing parameter alp... View the full answer