Question: show your work and type as much as possible Problem 2 A regional hospital had the following number of patient admissions during the past 8

show your work and type as much as possible

Problem 2 A regional hospital had the following number of patient admissions during the past 8 weeks: a. Develop a 3-week weighted average forecast for week 4 through 9 with weights of W1=0.6,W2=0.3 and W3=0.1. b. Forecast patient admissions for week 9 using exponential smoothing with =0.25 Assume that the forecast for Week 4 (F4) is the nave forecast. c. Use the MSE to determine which of the two forecasting methods is more accurate

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