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Don't do using excel, handwritten notes only. Please do all the four dotted bits. The mutual fund of growth stocks has had the following average
Don't do using excel, handwritten notes only. Please do all the four dotted bits.
The mutual fund of growth stocks has had the following average monthly price for the past 10 months. Month 1 2 3 4 5 6 7 8 9 10 Fund Price 69.7 65.2 69.8 67.1 68.5 63.2 65.6 67.7 65.2 68.7 Compute the exponentially smoothed forecast with a = 0.40 (5 points) The adjusted exponentially smoothed forecast with a = 0.40 and B= 0.30 (5 points) The linear trend line forecast. (5 points) Compare the accuracy of the three forecasts using cumulative error and MAD, and indicate which forecast appears to be most accurate. (10 points) . The mutual fund of growth stocks has had the following average monthly price for the past 10 months. Month 1 2 3 4 5 6 7 8 9 10 Fund Price 69.7 65.2 69.8 67.1 68.5 63.2 65.6 67.7 65.2 68.7 Compute the exponentially smoothed forecast with a = 0.40 (5 points) The adjusted exponentially smoothed forecast with a = 0.40 and B= 0.30 (5 points) The linear trend line forecast. (5 points) Compare the accuracy of the three forecasts using cumulative error and MAD, and indicate which forecast appears to be most accurate. (10 points)Step by Step Solution
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