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.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Modern Database Management
Authors: Heikki Topi, Jeffrey A Hoffer, Ramesh Venkataraman
10th Edition
0132998440, 9780132998444
