(e) Use a smoothing constant of a 0.4 to compute the exponential smoothing forecasts. Time Series Value Week 1 2 3 4 5 6 19 11 16 10 18 14 Forecast Enter a number. 19 142 15.28 12 112 15.6448 x Does a smoothing constant of 0.2 or 0.4 O The exponential smoothing using a O The exponential smoothing using a O The exponential smoothing using a O The exponential smoothing using a x x x appear to provide more accurate forecasts based on MSE? Explain. 0.2 provides a better forecast since it has a smaller MSE than the exponential smoothing using a 0. 0.2 provides a better forecast since it has a larger MSE than the exponential smoothing using a -0.4 0.4 provides a better forecast since it has a larger MSE than the exponential smoothing using a -0.2. 0.4 provides a better forecast since it has a smaller MSE than the exponential smoothing using a 0.2

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.EA: Extended Application Using Extrapolation To Predict Life Expectancy
Problem 6EA
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(e) Use a smoothing constant of a = 0.4 to compute the exponential smoothing forecasts.
Time Series
Value
Week
1
2
F
4
S
6
19
11
16
10.
18
14
Forecast
Enter a number.
19
142
15.28
12 112
15.6448
x
x
x
X
appear to provide more accurate forecasts based on MSE? Explain.
Does a smoothing constant of 0.2 or 0.4
O The exponential smoothing using a 0.2 provides a better forecast since it has a smaller MSE than the exponential smoothing using a 0.4.
O The exponential smoothing using a 0.2 provides a better forecast since it has a larger MSE than the exponential smoothing using a -0.4.
O The exponential smoothing using a 0.4 provides a better forecast since it has a larger MSE than the exponential smoothing using a 0.2.
O The exponential smoothing using a -0.4 provides a better forecast since it has a smaller MSE than the exponential smoothing using a 0.2.
Transcribed Image Text:(e) Use a smoothing constant of a = 0.4 to compute the exponential smoothing forecasts. Time Series Value Week 1 2 F 4 S 6 19 11 16 10. 18 14 Forecast Enter a number. 19 142 15.28 12 112 15.6448 x x x X appear to provide more accurate forecasts based on MSE? Explain. Does a smoothing constant of 0.2 or 0.4 O The exponential smoothing using a 0.2 provides a better forecast since it has a smaller MSE than the exponential smoothing using a 0.4. O The exponential smoothing using a 0.2 provides a better forecast since it has a larger MSE than the exponential smoothing using a -0.4. O The exponential smoothing using a 0.4 provides a better forecast since it has a larger MSE than the exponential smoothing using a 0.2. O The exponential smoothing using a -0.4 provides a better forecast since it has a smaller MSE than the exponential smoothing using a 0.2.
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