Consider the following time series date Week: 1 2 3 4 5 6 Value: 16 15 17 13 16 13 Develop a three-week moving average for this time series. Compute MSE and a forecast for week 7 if required, round your answers to two decimal places Week Value Forecast 1 16 2 15 3 17 4 1
Consider the following time series date Week: 1 2 3 4 5 6 Value: 16 15 17 13 16 13 Develop a three-week moving average for this time series. Compute MSE and a forecast for week 7 if required, round your answers to two decimal places Week Value Forecast 1 16 2 15 3 17 4 1
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 3TI: Table 6 shows the population, in thousands, of harbor seals in the Wadden Sea over the years 1997 to...
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Consider the following time series date
Week: 1 2 3 4 5 6
Value: 16 15 17 13 16 13
Develop a three-week moving average for this time series. Compute MSE and a forecast for week 7 if required, round your answers to two decimal places
Week Value Forecast
1 16
2 15
3 17
4 13 #
5 16 #
6 13 #
MSE:
The forecast for week 7:
Use alpha=0.2 to compute the exponential smoothing values fro time series. Compute MSE and a forecast for week 7 if required, round your answers to two decimal places
Week value forecast
1 16
2 15 16
3 17 15.8
4 13 16.04
5 16 15.43
6 13 15.55
MSE: 3.69
The forecast for week 7:
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