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Sales (In 1000s)of the New Thorton Model 506 Convection Oven

Question 37

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Sales (in 1000s)of the new Thorton Model 506 convection oven over the eight-week period since its introduction have been as follows: Sales (in 1000s)of the new Thorton Model 506 convection oven over the eight-week period since its introduction have been as follows: ​ a.Which exponential smoothing model provides better forecasts,one using α = 0.6 or α = 0.2? Compare them using mean squared error. b.Using the two forecast models in part (a),what are the forecasts for Week 9? ​
a.Which exponential smoothing model provides better forecasts,one using α = 0.6 or α = 0.2? Compare them using mean squared error.
b.Using the two forecast models in part (a),what are the forecasts for Week 9?

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