Please help with correct answers in detail as last answer given was incorrect: Centerville Bikes and Stuff (CBS) sells motorcycles and accessories. The number of helmets sold by CBS per week for the past six weeks follows. Week 1 2 3 4 5 6 Value 19 14 17 12 18 15 Does a smoothing constant of 0.2 or 0.4 appear to provide more accurate forecasts based on MSE? choose correct answer The exponential smoothing using ? = 0.2 provides a better forecast since it has a smaller MSE than the exponential smoothing using ? = 0.4. The exponential smoothing using ? = 0.2 provides a better forecast since it has a larger MSE than the exponential smoothing using ? = 0.4. The exponential smoothing using ? = 0.4 provides a better forecast since it has a smaller MSE than the exponential smoothing using ? = 0.2. The exponential smoothing using ? = 0.4 provides a better forecast since it has a larger MSE than the exponential smoothing using ? = 0.2.
Please help with correct answers in detail as last answer given was incorrect: Centerville Bikes and Stuff (CBS) sells motorcycles and accessories. The number of helmets sold by CBS per week for the past six weeks follows. Week 1 2 3 4 5 6 Value 19 14 17 12 18 15 Does a smoothing constant of 0.2 or 0.4 appear to provide more accurate forecasts based on MSE? choose correct answer The exponential smoothing using ? = 0.2 provides a better forecast since it has a smaller MSE than the exponential smoothing using ? = 0.4. The exponential smoothing using ? = 0.2 provides a better forecast since it has a larger MSE than the exponential smoothing using ? = 0.4. The exponential smoothing using ? = 0.4 provides a better forecast since it has a smaller MSE than the exponential smoothing using ? = 0.2. The exponential smoothing using ? = 0.4 provides a better forecast since it has a larger MSE than the exponential smoothing using ? = 0.2.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Please help with correct answers in detail as last answer given was incorrect:
Centerville Bikes and Stuff (CBS) sells motorcycles and accessories. The number of helmets sold by CBS per week for the past six weeks follows.
Week | 1 | 2 | 3 | 4 | 5 | 6 |
---|---|---|---|---|---|---|
Value | 19 | 14 | 17 | 12 | 18 | 15 |
Does a smoothing constant of 0.2 or 0.4 appear to provide more accurate forecasts based on MSE? choose correct answer
The exponential smoothing using ? = 0.2 provides a better forecast since it has a smaller MSE than the exponential smoothing using ? = 0.4.
The exponential smoothing using ? = 0.2 provides a better forecast since it has a larger MSE than the exponential smoothing using ? = 0.4.
The exponential smoothing using ? = 0.4 provides a better forecast since it has a smaller MSE than the exponential smoothing using ? = 0.2.
The exponential smoothing using ? = 0.4 provides a better forecast since it has a larger MSE than the exponential smoothing using ? = 0.2.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 10 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman