Essay
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 = 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...View Answer
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Correct Answer:
Verified
b.7.6...
View Answer
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