Question: Using the House Sales dataset provided perform moving average and exponential smoothing forecast techniques. For each method, calculate MAE, RMSE and comment on the performance
Using the House Sales dataset provided perform moving average and exponential smoothing forecast techniques. For each method, calculate MAE, RMSE and comment on the performance of each method.
| Month | Houses Sold |
| Jan-10 | 345 |
| Feb-10 | 336 |
| Mar-10 | 381 |
| Apr-10 | 422 |
| May-10 | 280 |
| Jun-10 | 305 |
| Jul-10 | 283 |
| Aug-10 | 282 |
| Sep-10 | 317 |
| Oct-10 | 291 |
| Nov-10 | 287 |
| Dec-10 | 326 |
| Jan-11 | 307 |
| Feb-11 | 270 |
| Mar-11 | 300 |
| Apr-11 | 310 |
| May-11 | 305 |
| Jun-11 | 301 |
| Jul-11 | 296 |
alpha value for forecast method not known
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