(See Solution) For 5 points each, answer the following questions concerning the forecast listed below. Forecast for month 8 using the three-month moving average.

Question: For 5 points each, answer the following questions concerning the forecast listed below.

Forecast for month 8 using the three-month moving average. What is the MSE?
Forecast for month 8 using exponential smoothing with a smoothing constant of .4. What is the MSE?
From the analysis performed above, which technique is most desirable?

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Regression Sum of Squares Calculator - MathCracker.com

(See Solution) For 5 points each, answer the following questions concerning the forecast listed below. Forecast for month 8 using the three-month moving average.

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