Question
For the time series below, enter the exponential smoothing predictions, rounded to the nearest 0.01. Let alpha=0.25. Then calculate the error and MSE. Week Time
For the time series below, enter the exponential smoothing predictions, rounded to the nearest 0.01. Let alpha=0.25. Then calculate the error and MSE.
| Week | Time Series | Exponential Smoothing | Error |
| 1 | 8 | ||
| 2 | 12 | ||
| 3 | 15 | ||
| 4 | 11 | ||
| 5 | 13 | ||
| 6 | 16 |
|
Mean Absolute Error:
Mean Squared Error:
Exp. Smoothed prediction for week 7:
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New Issues In Financial Institutions Management
Authors: F Fiordelisi, P Molyneux, D Previati
2010th Edition
0230278108, 978-0230278103
