Please answer the below true or false questions.

1. Mean Squared Error can be used to compare alterative forecasting methods. True/False

2. Delphi method uses multiple rounds for determining estimates. True/False

3. What is the forecast for the next period of this time series (10, 20, 40, 50, 60) using moving average 3.

4. Regression models are a good choice for forecasting. True or False.

5. What is the expontial smoothing forecast for the next period of this series with alpha of .5 and initial forecast of 10 (8, 5, 6).

6. Moving Average leads a trend. True/False.

7. What is the moving average 3 forecast for the next period of this time series (10, 20, 40, 50, 60)