The Following Table Includes the Information About a Monthly Time

question 12

Multiple Choice

The following table includes the information about a monthly time series. When the exponential smoothing method with α = 0.1 is applied,what is the MSE?

• A) 20.796
• B) 31.2336
• C) 12.6736
• D) 10.41

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Definitions:

Denominator

The bottom number in a fraction that represents the total number of equal parts the whole is divided into.

Degrees of Freedom

The number of independent values or quantities that can vary in an analysis without breaking any constraints, often associated with statistical calculations.

F-distribution

A probability distribution used in statistics to model the ratio of variances among variables, often utilized in the analysis of variance (ANOVA).

F-test

A statistical test used to compare the variances of two populations to ascertain if they come from distributions with equal variances.