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The data sheet shows the percentage of stocks in a portfolio for nine quarters from 2016 to 2018. Use the data to complete the following

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The data sheet shows the percentage of stocks in a portfolio for nine quarters from 2016 to 2018. Use the data to complete the following tasks: 1. Construct a time series plot (line chart) - display your name in the title. What type of pattern exists in the data? 2. Develop an exponential smoothing forecast for alpha-.2. 3. Develop a 2 period moving average forecast and show on a line chart the actual and forecasted percentages. Display your first and last name in the title of the chart. 4. Calculate MSE for the forecast based on exponential smoothing with alpha=.2 as well as the MSE for the moving average forecast. Would you recommend forecast for the next quarter of 2018 based on 2-period moving average or exponential smoothing with alpha = 2? Explain. 5. What is the forecast of the percentage of stocks in a typical portfolio for the second quarter of 2018 for the method that your are recommending in #4. 6. On a separate sheet that you should rename as BEST_ALPHA use Solver to find the value of smoothing Daria Davis tant alpha that would minimize sum of errors squared. Generate Solver's Answer Report. Year Quarter 2016 4 Stock % 1 29.8 2 31.0 29.9 30.1 1 32.2 2 31.3 3 32.0 4 31.9 1 30.0 2017 2018 The data sheet shows the percentage of stocks in a portfolio for nine quarters from 2016 to 2018. Use the data to complete the following tasks: 1. Construct a time series plot (line chart) - display your name in the title. What type of pattern exists in the data? 2. Develop an exponential smoothing forecast for alpha-.2. 3. Develop a 2 period moving average forecast and show on a line chart the actual and forecasted percentages. Display your first and last name in the title of the chart. 4. Calculate MSE for the forecast based on exponential smoothing with alpha=.2 as well as the MSE for the moving average forecast. Would you recommend forecast for the next quarter of 2018 based on 2-period moving average or exponential smoothing with alpha = 2? Explain. 5. What is the forecast of the percentage of stocks in a typical portfolio for the second quarter of 2018 for the method that your are recommending in #4. 6. On a separate sheet that you should rename as BEST_ALPHA use Solver to find the value of smoothing Daria Davis tant alpha that would minimize sum of errors squared. Generate Solver's Answer Report. Year Quarter 2016 4 Stock % 1 29.8 2 31.0 29.9 30.1 1 32.2 2 31.3 3 32.0 4 31.9 1 30.0 2017 2018

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