Question: Using the DJIA data in Problem 5-41 and exponential smoothing with trend adjustment, forecast the opening DJIA value for 2014. Use a = 0.8 and

Using the DJIA data in Problem 5-41 and exponential smoothing with trend adjustment, forecast the opening DJIA value for 2014. Use a = 0.8 and b = 0.2. Compare the MSE for this technique with the MSE for the trend line.

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Using QM for Windows the forecast is 13401800 and the MSE 2... View full answer

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