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The Following Time Series Shows the Number of Units of a Particular

question 21

Essay

The following time series shows the number of units of a particular product sold over the past six months.  The following time series shows the number of units of a particular product sold over the past six months.    a.Compute a 3-month moving average (centered) for the above time series. b.Compute the mean square error (MSE) for the 3-month moving average. c.Use  \alpha  = 0.2 to compute the exponential smoothing values for the time series. d.Forecast the sales volume for month 7.
a.Compute a 3-month moving average (centered) for the above time series.
b.Compute the mean square error (MSE) for the 3-month moving average.
c.Use α\alpha = 0.2 to compute the exponential smoothing values for the time series.
d.Forecast the sales volume for month 7.


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