Consider the following time series data. a. month 1 2 3 4 5 6 7 8 value 18 16 2018 22 20 15 22 a. Develop the three-mont
Posted: Thu Jan 13, 2022 5:49 am
Consider the following time series data. a. month 1 2 3 4 5 6 7 8 value 18 16 2018 22 20 15 22 a. Develop the three-month moving average forecasts for this time series. Compute MSE and a forecast for month9. b. Using a=0.2 to compute the exponential smoothing forecasts for the time series. Compute MSE and a forecast for month9. c. Which method appears to provide the better forecast?