Question: Please solve it in excel only and explain it . find mse for each model and please provide screenshots. Consider Year Month Time Period COGS
Please solve it in excel only and explain it find mse for each model and please provide screenshots.
Consider Year Month Time Period COGS
Apply the following
forecasting methods to forecast two years:
Implement each model in a separate
spreadsheet.
Plot the data. How would you describe
the data in terms of seasonality and
trend?
Moving average using k
Weighted moving average using k
find wi using solver
Exponential Smoothing find a using
solver
Stationary Additive seasonal effect find
a and beta using solver
Stationary Multiplicative seasonal effect
find alpha and beta using solver
Double moving average k
Holt's method
HoltWinter's method for additive
seanonal
HoltWinter's method for multiplicative
seanonal
Seasonal Regression
Which model is the best for this dataset?
Compare each method based on MSE.
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