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Estimate the average of MSE of a three-month moving average and an exponential smoothingfor α = 0.3.

Estimate the average of MSE of a three-month moving average and an exponential smoothingfor α = 0.3.

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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For the Hawkins Company, the monthly percentages of all shipments received on time over the past 12 months are:

Monthly Proportion of All Shipments Received On Time
80
81
85
83
84
86
85
85
82
81
85
84

Estimate the average of MSE of a three-month moving average and an exponential smoothingfor α = 0.3. 

Group of answer choices
1.24
2.4
3.56
4.25
4.58
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