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  3. consider the following time series data: (a) compu

Consider the following time series data: (a) Compute MSE using the most recent value as...

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Accounting

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Consider the following time series data: (a) Compute MSE using the most recent value as the forecast for the next period. If required, round your answer to one decirnal place. What is the forecast for month b? If recuired, round your answer to one decimal place. Do not resind intermedlate calculation. (b) Compute MSE using the average of all the data swaldble as the forecast for the next penod. If required, round your answer to one decimal place. Do not round intermediate calculation What is the forecast for month e? If reguireda round your answer 10 one decimal jace. (c) Which method appears 80 provide the better forecast? = gelect your answer = ] Narve All data woerage

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