Question: Please help me with part b! Problem 15-13 (Algorithmic) The values of Alabama building contracts (in millions of dollars) for a 12-month period follow. 240

Please help me with part b! Problem 15-13

Please help me with part b!

Problem 15-13 (Algorithmic) The values of Alabama building contracts (in millions of dollars) for a 12-month period follow. 240 340 230 250 280 330 230 300 240 290 240 210 b. Compare a three-month moving average forecast with an exponential smoothing forecast. Use a = 0.2. Which provides the better forecasts based on MSE? Do not round your intermediate calculations and round your final answers to two decimal places. Moving Exponential smoothing average MSE Moving average c. What is the forecast for the next month? Round your answer to the nearest whole number. 247 millions dollars

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