Question: Smoothing constant 0.1 Time Period Observation Forecast Error Error^2 1 83 2 95 3 90 4 91 5 84 6 92 7 94 8 86
| Smoothing constant | 0.1 | ||||
| Time Period | Observation | Forecast | Error | Error^2 | |
| 1 | 83 | ||||
| 2 | 95 | ||||
| 3 | 90 | ||||
| 4 | 91 | ||||
| 5 | 84 | ||||
| 6 | 92 | ||||
| 7 | 94 | ||||
| 8 | 86 | ||||
| 9 | 89 | ||||
| 10 | 96 | ||||
| 11 | 92 | ||||
| 12 | 97 | ||||
| Next period forecast: | 13 | ||||
| MSE | |||||
1. What is the forecast for the 13th period based on the single exponential smoothing? Round your answer to two decimal places.
fill in the blank 2
2. What is the MSE for the single exponential smoothing forecast? Round your answer to two decimal places.
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