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The Following Time Series Shows the Sales of a Clothing α\alpha

Question 32

Essay

The following time series shows the sales of a clothing store over a 10-week period. The following time series shows the sales of a clothing store over a 10-week period. a.Compute a 4-week moving average for the above time series. b.Compute the mean square error (MSE) for the 4-week moving average forecast. c.Use \alpha = 0.3 to compute the exponential smoothing values for the time series. d.Forecast sales for week 11.
a.Compute a 4-week moving average for the above time series.
b.Compute the mean square error (MSE) for the 4-week moving average forecast.
c.Use α\alpha = 0.3 to compute the exponential smoothing values for the time series.
d.Forecast sales for week 11.

Correct Answer:

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a.17, 18, 19, 19, 20, 19
b.7.6...

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