Sales (In Thousands)of the New Thorton Model 506 Convection Oven $\alpha$

question 14

Essay

Sales (in thousands)of the new Thorton Model 506 convection oven over the eight-week period since its introduction have been as follows:

a.Which exponential smoothing model provides better forecasts,one using SYMBOL 97 \f "Symbol" = .6 or $\alpha$ = .2? Compare them using mean squared error.
b.Using the two forecast models in part (a),what are the forecasts for week 9?

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An initial explanation offered with limited proof to guide subsequent investigative efforts.

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