week 1 2 3 4 5 6 7 value 24 15 21 13 19 21 16 1. develop a three week moving average for this time series. Compute MSE. If required, round your answer to two decimal places. Don't round intermediate calculation. 2.Use a=0.2 to compute the exponential smoothing values for the time series. Compute MSE and a forecast for week 8. If required, round your answer to two decimal places. Don't round intermediate calculation.
week 1 2 3 4 5 6 7 value 24 15 21 13 19 21 16 1. develop a three week moving average for this time series. Compute MSE. If required, round your answer to two decimal places. Don't round intermediate calculation. 2.Use a=0.2 to compute the exponential smoothing values for the time series. Compute MSE and a forecast for week 8. If required, round your answer to two decimal places. Don't round intermediate calculation.
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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Question
| week | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| value | 24 | 15 | 21 | 13 | 19 | 21 | 16 |
1. develop a three week moving average for this time series. Compute MSE. If required, round your answer to two decimal places. Don't round intermediate calculation.
2.Use a=0.2 to compute the exponential smoothing values for the time series. Compute MSE and a forecast for week 8. If required, round your answer to two decimal places. Don't round intermediate calculation..
Expert Solution
Step 1: Given
We have given a data for 7 weeks as follows:
| week | value |
| 1 | 24 |
| 2 | 15 |
| 3 | 21 |
| 4 | 13 |
| 5 | 19 |
| 6 | 21 |
| 7 | 16 |
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