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Please answer the question below based on pictures I attached. 1.Model comparison Compare the three models estimated so far, moving average, smoothing model and decomposition.
Please answer the question below based on pictures I attached.
1.Model comparison
Compare the three models estimated so far, moving average, smoothing model and decomposition. Based on the forecasting error measurement, which model is the best? Re-run the best model and forecast for the next two years. Show the forecast.
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