(b) Develop the three-week moving average for this time series. (Round your answers to two decimal places.) Time Series Week Forecast Value 1 19 2 13 3 15 4 10 14.33 5 18 11.33 6 14 13.33 Compute MSE. (Round your answer to two decimal places.) MSE = 17.56 What is the forecast for week 7? 13 (c) Use a = 0.2 to compute the exponential smoothing values for the time series. Time Series Value Forecast Week 1 19 13 18 15 10 5 18 6 14 Compute MSE. (Round your answer to two decimal places.) MSE = What is the forecast for week 7? (Round your answer to two decimal places.) (d) Compare the three-week moving average forecast with the exponential smoothing forecast using a = 0.2. Which appears to provide the better forecast based on MSE? Explain. O The exponential smoothing using a = 0.2 provides a better forecast since it has a larger MSE than the three-week moving average approach. O The exponential smoothing using a = 0.2 provides a better forecast since it has a smaller MSE than the three-week moving average approach. O The three-week moving average provides a better forecast since it has a smaller MSE than the smoothing approach using a = 0.2. O The three-week moving average provides a better forecast since it has a larger MSE than the smoothing approach using a = 0.2. (e) Use trial and error to find a value of the exponential smoothing coefficient a that results in a smaller MSE than what you calculated for a = 0.2. a =
(b) Develop the three-week moving average for this time series. (Round your answers to two decimal places.) Time Series Week Forecast Value 1 19 2 13 3 15 4 10 14.33 5 18 11.33 6 14 13.33 Compute MSE. (Round your answer to two decimal places.) MSE = 17.56 What is the forecast for week 7? 13 (c) Use a = 0.2 to compute the exponential smoothing values for the time series. Time Series Value Forecast Week 1 19 13 18 15 10 5 18 6 14 Compute MSE. (Round your answer to two decimal places.) MSE = What is the forecast for week 7? (Round your answer to two decimal places.) (d) Compare the three-week moving average forecast with the exponential smoothing forecast using a = 0.2. Which appears to provide the better forecast based on MSE? Explain. O The exponential smoothing using a = 0.2 provides a better forecast since it has a larger MSE than the three-week moving average approach. O The exponential smoothing using a = 0.2 provides a better forecast since it has a smaller MSE than the three-week moving average approach. O The three-week moving average provides a better forecast since it has a smaller MSE than the smoothing approach using a = 0.2. O The three-week moving average provides a better forecast since it has a larger MSE than the smoothing approach using a = 0.2. (e) Use trial and error to find a value of the exponential smoothing coefficient a that results in a smaller MSE than what you calculated for a = 0.2. a =
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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I need only part e I have provided the values
Values are
The forecast for week 7 is :14
MSE = 60.6667/3
= 20.22
The forecast for the week 7 I: 15.78
MSE = 106.1146/6
=17.6858
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