Problem 15-05 (Algorithmic) Consider the following time series data Week Value 1 18 2 15 3 16 4 5 6 13 17 16 3. Choose the correct time series plot 2 Time Series Value Check My Work Previous Next Time Series Vale Check My Work (revious Next > Emainstructor What type of pattern exists in the data? b. Develop a three-week moving average for this time series. Compute MSE and a forecast for week 7. Round your answers to two decimal places im Series Forecast MSE: The forecast for week 2:1 c. Use 0.2 to compute the exponential smoothing values for the time series Compute MSE and a forecast for week. Round your answers to two decimal places Time Series Check My Work Previous Next > c. Use a = 0.2 to compute the exponential smoothing values for the time series. Compute MSE and a forecast for week 7. Round your answers to two decimal places Time Series Forecast Value 18 15 16 MSE: The forecast for week 7: d. Compare the three-week moving average forecast with the exponential smoothing forecast using a = 02. Which appears to provide the better forecast based on MSE Explain. The input in the box below will not be graded, but may be reviewed and considered by your instructor Check My Work SionLocator Sinprogress-false Your virus protection eBook Calculator Print item 117 6 16 The forecast for week 7: 0.2. Which appears to provide the better forecast based on MSE? d. Compare the three-week moving average forecast with the exponential smoothing forecast using a Explain The input in the box below will not be graded, but may be reviewed and considered by your instructor 0.2. Find a value of for that results in a smaller MSE than what you calculated for a e. Use trial and error to find a value of the exponential smoothing coefficient the smallest MSE. Round your answer to three decimal places Previous Next > Check My Work