Which of the following time series forecasting methods would not be used to forecast seasonal data?...
Which of the following time series forecasting methods would not be used to forecast seasonal data?
A. dummy variable regression
B. simple exponential smoothing
C. time series decomposition
D. multiplicative Winters method
Homework Answers
Hello Sir/ Mam
YOUR REQUIRED ANSWER IS OPTION B : SIMPLE EXPONENTIAL SMOOTHING
If you have a time series that can be described using an additive model with constant level and no seasonality, you can use simple exponential smoothing to make short-term
I hope this solves your doubt.
Feel free to comment if you still have any query or need something else. I'll help asap.
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Which of the following time series forecasting methods would not
be used to forecast seasonal data?...
A) Discuss what the time series decomposition tells you about your data series. Include discussio...
a) Discuss what the time series decomposition tells you about
your data series. Include discussion of the seasonal, cyclical, and
trend components.
b) Compare the time series decomposition forecasts with Holt
Winters. Within the sample, is the times series decomposition or
Holt Winters more accurate? Try to explain why. (see below for
data)
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Homework Consider the following time series data. Week Value a. Which of the following is a...
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Consider the following time series data.
Please help :) a. Which of the following is a correct time series plot for this data? b. Develop the three-month moving average forecasts for this time series. Compute MSE and a forecast for month 8 (to 2 decimals if necessary). c. Use α-.2 to compute the exponential smoothing forecasts for the time series. Compute MSE and a forecast for month 8 (to 2 decimals). Enter negative values as negative number. d. Compare the three-month moving average approach with the exponential smoothing approach using...
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a) Discuss what the time series decomposition tells you about
your data series. Include discussion of the seasonal, cyclical, and
trend components.
b) Compare the time series decomposition forecasts with Holt
Winters. Within the sample, is the times series decomposition or
Holt Winters more accurate? Try to explain why. (see below for
data)
Audit Trail- Statistics Accuracy Measures MAPE R-Square Value 1.65% 98.99% Forecast Statistics Mean Standard Deviation Value 5.06 1.04 Method Statistics Method Selected Basic Method Decomposition type Value...
Q7 We have observed the time series shown in the following line chart: 60 50 40 30 20 10 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Time Which would be the most appropriate forecasting model to use for this time series? Select one: a. Regression b. Single exponential smoothing O c. Holt-Winters (including both trend and seasonality) O d. Double exponential smoothing
Consider the following time series dataa. Which of the following is a correct time series plot for this data?b. Develop the three-week moving average forecasts for this time series. Compute MSE and a forecast for week 7 (to 2 decimals if necessary) c. Use α = .2 to compute the exponential smoothing forecasts for the time series. Compute MSE and a forecast for week 7 ( 2 decimals). d. Compare the three-week moving average approach with the exponential smoothing approach using α-.2,...
Homework Consider the following time series data. Week Value a. Which of the following is a correct time series plot for this data? 1 18 2 14 3 17 4 12 5 17 6 15 TimeSeries Value 115 Week TimeSeries Value 3 4 5 Week 2 TimeSeries Value 15 3 4 . 5 Week plot #1 What type of pattern exists in the data? Horizontal a Search this course mework Week plot 01 What type of pattern exists in the...
Please help :) a. Which of the following is a correct time series plot for this data? b. Develop the three-month moving average forecasts for this time series. Compute MSE and a forecast for month 8 (to 2 decimals if necessary). c. Use α-.2 to compute the exponential smoothing forecasts for the time series. Compute MSE and a forecast for month 8 (to 2 decimals). Enter negative values as negative number. d. Compare the three-month moving average approach with the exponential smoothing approach using...
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