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1. (30 points) Consider the following time series data: Week 1 2 3 4 5 6 Value 24 13 20 12 19 23 (1) (15

1. (30 points) Consider the following time series data: Week 1 2 3 4 5 6 Value 24 13 20 12 19 23 (1) (15 points) Compute three week moving average forecast and forecast using expo nential smoothing (alpha = 0.02) (2) (15 points) Compute mean absolute error and mean square error for these methods.

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