(b) Develop three-month and four-month moving averages for this time series. (Round your answers to two decimal places.) Month Time Series Value 3-Month Moving Average Forecast 4-Month Moving Average Forecast 1 2 3 4 5 6 7 8 9 10 11 12 9.5 9.3 9.5 9.7 9.8 9.8 9.9 10.6 9.9 9.8 9.7 9.7 [ Does the three-month or four-month moving average provide more accurate forecasts based on MSE? Explain. O The four-month moving average provides more accurate forecasts, because its MSE is larger than that of the three-month moving average. The three-month moving average provides more accurate forecasts, because its MSE is smaller than that of the four-month moving average. O The four-month moving average provides more accurate forecasts, because its MSE is smaller than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is larger than that of the four-month moving average. (c) Using the more accurate approach, what is the moving average forecast for the next month? (Round your answer to two decimal places.)
(b) Develop three-month and four-month moving averages for this time series. (Round your answers to two decimal places.) Month Time Series Value 3-Month Moving Average Forecast 4-Month Moving Average Forecast 1 2 3 4 5 6 7 8 9 10 11 12 9.5 9.3 9.5 9.7 9.8 9.8 9.9 10.6 9.9 9.8 9.7 9.7 [ Does the three-month or four-month moving average provide more accurate forecasts based on MSE? Explain. O The four-month moving average provides more accurate forecasts, because its MSE is larger than that of the three-month moving average. The three-month moving average provides more accurate forecasts, because its MSE is smaller than that of the four-month moving average. O The four-month moving average provides more accurate forecasts, because its MSE is smaller than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is larger than that of the four-month moving average. (c) Using the more accurate approach, what is the moving average forecast for the next month? (Round your answer to two decimal places.)
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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