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busisness analytics This question relates to the Product Sales Problem. The following time series shows the sales of the product over the past 12 months.
busisness analytics
This question relates to the Product Sales Problem. The following time series shows the sales of the product over the past 12 months. Use a=0.3 to find the exponential smoothing forecast values for the time series. Compute the M. using these forecasts. Round your answer to two decimal places. This question relates to the Product Sales Problem. Using the time series from the previous question, develop a four-month moving average. Compute the MSE using these forecasts. Round your answer to two decimal places. Question 7 1 pts This question relates to the Product Sales Problem. Compare the moving average forecast with the exponential smoothing forecast in the Product Sales Problem. Which method appears to provide the better forecast based on MSE? Moving Average Forecast Exponential Smoothing Forecast There is not sufficient information to answer this question. It is not clear which method provides a better forecast Step by Step Solution
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