Question
Use exponential smoothing to forecast the house price for period 151 and all possible periods. Find the best value for alpha with four decimal points.
Use exponential smoothing to forecast the house price for period 151 and all possible periods. Find the best value for alpha with four decimal points. Explain what value of alpha should be used to forecast the price of house in this city and explain why? The aim is to find the most accurate forecast using MAD, MSE and MAPE. Explain in detail with all calculations.
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Essential Calculus Early Transcendental Functions
Authors: Ron Larson, Robert P. Hostetler, Bruce H. Edwards
1st Edition
618879188, 618879182, 978-0618879182
