Answered: (b) Develop a three-week moving average… | bartleby

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.5: Comparing Sets Of Data

Problem 11PPS

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(b) 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
17
4
13
16
6
13
MSE:
The forecast for week 7:
(c) Use a = 0.2 to compute the exponential smoothing values for the 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:
LO

Consider the following time series data.
Week
1
4
5
6
Value
16
15
17
13
16
13
3.

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