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Use the applet Moving Averages to answer the following questions. ( a ) Out of the three methods, Naive Forecast, Moving Average, and Weighted Moving
Use the applet "Moving Averages" to answer the following questions.
a
Out of the three methods, "Naive Forecast," "Moving Average", and "Weighted Moving Average," which produces a smaller mean absolute error?
Naive Forecast
Moving Average
Weighted Moving Average
none of the above
b
Which method produces the smallest mean squared error?
Naive Forecast
Moving Average
Weighted Moving Average
none of the above
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