Question: Given the Unemployment Rates published by the Bureau of Labor and Statistics, calculate the 3-month and 5-month moving average forecasts. What is your forecast for

Given the Unemployment Rates published by the Bureau of Labor and Statistics, calculate the 3-month and 5-month moving average forecasts. What is your forecast for January 2017, to 2 decimal places? Using the MAD and MSE criterion, which one is ‘better? Explain why

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