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Month 2 3 4 Value 24 13 20 12 19 23 15 Develop the three week m maving -data avertay fore as ts fort this time series, Compute MSE forecast for and week 8. a = 0.2 the exponentioal smoothing -lo ithing compute fortecaste b the ime Scas fort 3 unek. the time series. Compute MSE and 8 week. a moving Compute 3 week moving avernage a pproach with the exponenti al smo6-hing wsing appears to provide X = 0.2 . which based on MSE more accurate

Month 2 3 4 Value 24 13 20 12 19 23 15 Develop the three week m maving -data avertay fore as ts fort this time series, Compute MSE forecast for and week 8. a = 0.2 the exponentioal smoothing -lo ithing compute fortecaste b the ime Scas fort 3 unek. the time series. Compute MSE and 8 week. a moving Compute 3 week moving avernage a pproach with the exponenti al smo6-hing wsing appears to provide X = 0.2 . which based on MSE more accurate

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Month 2 3 4 Value 24 13 20 12 23 15 Develop the three week moving -data fore as ts fort fonecast ford avertage series. Compute -this time MSE and week 8. a = 0.2 -1o smothing sercies. compute MSE compute the exponential the time fordcast fort and 8 week. moving average approach exponenti al smoó-thing approach Compute 3 week with the wsing appears to provide X = 0.2 . which based MSE on more accurate of ao 0.4 Ho smoshing constant Using compute exponential smoo-thing forueasts. the eonsla smo constant af) Does somanthing accurate 0. 2 OR appear lo provide morce 0.4 fore casts on MSE? Explain. based
Transcribed Image Text:Month 2 3 4 Value 24 13 20 12 23 15 Develop the three week moving -data fore as ts fort fonecast ford avertage series. Compute -this time MSE and week 8. a = 0.2 -1o smothing sercies. compute MSE compute the exponential the time fordcast fort and 8 week. moving average approach exponenti al smoó-thing approach Compute 3 week with the wsing appears to provide X = 0.2 . which based MSE on more accurate of ao 0.4 Ho smoshing constant Using compute exponential smoo-thing forueasts. the eonsla smo constant af) Does somanthing accurate 0. 2 OR appear lo provide morce 0.4 fore casts on MSE? Explain. based
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