Question: table [ [ 1 , 1 7 , ] , [ 2 , 1 3 , ] , [ 3 , 1 5 ,
table
MSE:
The forecast for week :
d Compare the threeweek moving average forecast with the exponential smoothing forecast using Which appears to provide the better forecast based an MSE?
Explain:
Using this approach results in a ISE.
e Use trial and error to find a value of the exponential smoothing coefficient o that yields the minimum MSE. Do not found intermediate calculaticns. Use a twodecimal digit precision for the exponential smoothing coefficient.
alpha:
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