S&P 500 Stock Index. Refer to your exponential smoothing forecasts of the quarterly S&P 500 for 2019,
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S&P 500 Stock Index. Refer to your exponential smoothing forecasts of the quarterly S&P 500 for 2019, Exercise 14.29 (p. 14-24).
a. Calculate MAD, MAPE, and RMSE for the forecasts with w = .7.
b. Calculate MAD, MAPE, and RMSE for the forecasts with w = .3.
c. Compare MAD, MAPE, and RMSE for the two simple exponential smoothing forecast models. Which model leads to more accurate forecasts?
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Related Book For
Statistics For Business And Economics
ISBN: 9781292413396
14th Global Edition
Authors: James McClave, P. Benson, Terry Sincich
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