Question: You have 3 forecasting models with the following mse values exponential smoothing - 288.39 regression - 336.85 seasonal trend - 388.73 which of the following
You have 3 forecasting models with the following mse values
exponential smoothing - 288.39
regression - 336.85
seasonal trend - 388.73
which of the following statements best describes the data set given no other info is present
a- the data set contains a trend component with no seasonality
b. The data set contains no trend component
c. The data set contains trend and seasonality
d. The data set likely contains a cyclical component
I think it is B - can someone explain why it would not be B?
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