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

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
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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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