Question: () Use = 0.2 to compute the exponentiat smoothing values for the time series Week Time Series Value Forecast 1 18 2 18.00 2 15

() Use = 0.2 to compute the exponentiat smoothing
() Use = 0.2 to compute the exponentiat smoothing values for the time series Week Time Series Value Forecast 1 18 2 18.00 2 15 16.30 3 4 10 16:44 5 16 15.15 x 6 13 x Compute MSE (Round your answer to two decimal places) MSE - 447 What is the forecast for week 77 (Round your answer to two decimal places) 14.36 (a) Compare the three-wook moving average forecast with the exponential smoothing forecard using - 0.2. Which appears to provide the better forecast based on MSE? Explain. The exponential smoothing using a -0.2 provides a better forecast since it has a smaller MSE than the three week moving average approach The exponential smoothing using 0.2 provides a better forecast since it has a larger MSE than the three week moving average approach, The three week moving average provides a better forecast since it has a larger MSE than the smoothing approaching - 0.2 The three week moving average provides a better forecast since it has a smaller Me than the smoothing approach using a = 0.2 (e) Use trial and error to find a value of the exponential smoothing coefficient that results in a smaller MSE than what you calculated for 0.2 #02

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