(c) Use a = 0.2 to compute the exponential smoothing forecasts for the time series. Time Series Value Week 1 2 3 لیا 4 5 6 18 11 15 10 17 12 18 Forecast 16.6 16.28 15.024 15.419 X Compute MSE. (Round your answer to two decimal places.) MSE = 21.40 X What is the forecast for week 7? (Round your answer to two decimal places.) 14.74

MATLAB: An Introduction with Applications
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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
3
4
5
18
11
15
10
17
12
18
Forecast
15.2
13.072
14.643
13.586
X
X
Transcribed Image Text:(e) Use a smoothing constant of a = 0.4 to compute the exponential smoothing forecasts. Time Series Value Week 1 2 3 4 5 18 11 15 10 17 12 18 Forecast 15.2 13.072 14.643 13.586 X X
(c)
Use α = 0.2 to compute the exponential smoothing forecasts for the time series.
Week
1
2
3
4
5
6
Time Series
Value
18
11
15
10
17
12
18
Forecast
16.6
16.28
15.024
15.419
X
Compute MSE. (Round your answer to two decimal places.)
MSE = 21.40
X
What is the forecast for week 7? (Round your answer to two decimal places.)
14.74
Transcribed Image Text:(c) Use α = 0.2 to compute the exponential smoothing forecasts for the time series. Week 1 2 3 4 5 6 Time Series Value 18 11 15 10 17 12 18 Forecast 16.6 16.28 15.024 15.419 X Compute MSE. (Round your answer to two decimal places.) MSE = 21.40 X What is the forecast for week 7? (Round your answer to two decimal places.) 14.74
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