question archive With the gasoline time series data from the given table, show the exponential smoothing forecasts using α = 0
With the gasoline time series data from the given table, show the exponential smoothing forecasts using α = 0
Subject:BusinessPrice: Bought3
With the gasoline time series data from the given table, show the exponential smoothing forecasts using α = 0.1.
- Applying the MSE measure of forecast accuracy, would you prefer a smoothing constant of α = 0.1 or α = 0.2 for the gasoline sales time series? Do not round your interim computations and round your final answers to three decimal places.α = 0.1α = 0.2MSEfill in the blank 1fill in the blank 2Prefer:
- Are the results the same if you apply MAE as the measure of accuracy? Do not round your interim computations and round your final answers to three decimal places.α = 0.1α = 0.2MAEfill in the blank 4fill in the blank 5Prefer:
- What are the results if MAPE is used? Do not round your interim computations and round your final answers to two decimal places.α = 0.1α = 0.2MAPEfill in the blank 7 %fill in the blank 8 %Prefer:
