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Consider the following time-series data Week 1 2 3 4 5 6 7 8 9 10 Value 18 13 16 11 17 14 14 11
Consider the following time-series data
Week | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
Value | 18 | 13 | 16 | 11 | 17 | 14 | 14 | 11 | 14 | 13 |
Construct a time series plot. What type of pattern exists in the data? Enter your answer here:
Develop a three week moving average for this time series. Compute the MSE and record it below (Round to two decimal places)
MSE:
Develop a forecast for week 7 and record it below
Week 11 forecast
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