Question: Here is the data for the following question: Week 1 5 7 4 week 2 1 , 0 0 4 week 3 7 1 7
Here is the data for the following question: Week
week
week
week
Here is the question: Out of the four possible forecasting models week and week simple moving average
and exponential smoothing with parameters alpha and alpha which is the best forecast?
Justify your answer by calculating the MAD. For exponential smoothing models, assume
the forecast for the first week is show clear calculations.
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