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this is a question from business forecasting: Explain carefully what characteristics ofthe original data led one of these models to minimize the root-mean-squarederror. (RMSE) what
this is a question from business forecasting:
Explain carefully what characteristics ofthe original data led one of these models to minimize the root-mean-squarederror. (RMSE)
what leads to minimisation of RMSE if the orginal data of sales is some set of data
e.g:
sales of a restaurant
2017 - 6000
2018- 10000
2019 - 5000
2020 - 4000
model used is simple exponential smoothing
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