Question
1.7 Compare the forecasts from the three approaches? Explain which forecast seems most reasonable? .model .type ME RMSE MAE MPE MAPE MASE RMSSE ACF1 1
1.7 Compare the forecasts from the three approaches? Explain which forecast seems most reasonable?
.model .type ME RMSE MAE MPE MAPE MASE RMSSE ACF1
1 Holt Linear Method Training 103. 795. 606. 0.357 2.86 0.638 0.654 0.000434
2 Holt Multiplicative Training 148. 1216. 997. 0.399 4.64 1.05 1.00 0.0900
3 ETS Training 105. 794. 604. 0.379 2.86 0.636 0.653 -0.00151
Hello, there! Hope you are well. Can you please answer to the above question. I need the marks and i would really appreciate your response. Thanks in advance.
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Elementary Statistics
Authors: Robert R. Johnson, Patricia J. Kuby
11th Edition
978-053873350, 9781133169321, 538733500, 1133169325, 978-0538733502
