Forecasting Assignment
Use the data below to compute the
following:
A.) Compute the 4 period simple moving average forecasts.
Compute the MAD and MSE for the 4-period simple moving average.
B.) Compute the 3-period weighted moving average forecasts
using the weights=0.5, 0.2, 0.3. Compute the MAD and
MSE for the 3-period weighted moving average.
C.) Compute the exponential smoothing forecasts using
alpha=0.25. Compute the MAD and MSE for the exponential smoothing
forecasts.
D.) Calculate the regression line. Compute the MAD
and MSE for the regression line.
E.) Use your results for A.)-D.) to determine which
forecast is best. Explain your results.
Notes:
Forecasting Assignment Use the data below to compute the following: A.) Compute the 4 period simple moving average forec
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