Problem 6-09With the gasoline time series data from the given table, show the exponential smoothing forecasts using ? = 0.1.Applying the MSE measure of forecast accuracy, would you prefer a smoothing constant of ? = 0.1 or ? = 0.2 for the gasoline sales time series? Do not round your interim computations and round your final answers to three decimal places.? = 0.1? = 0.2MSEfill in the blank 1fill in the blank 2Prefer: Are the results the same if you apply MAE as the measure of accuracy? Do not round your interim computations and round your final answers to three decimal places.? = 0.1? = 0.2MAEfill in the blank 4fill in the blank 5Prefer: What are the results if MAPE is used? Do not round your interim computations and round your final answers to two decimal places.? = 0.1? = 0.2MAPEfill in the blank 7 %fill in the blank 8 %Prefer:
Gasoline time series data
Get your custom paper done at low prices
275 words/page
Double spacing
Free formatting (APA, MLA, Chicago, Harvard and others)
12 point Arial/Times New Roman font
Free title page
Free bibliography & reference
TESTIMONIALS
What Students Are Saying
Outstanding, thank you very much.
Awesome. Will definitely use the service again.