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Use this information to answer Question 1 to Question 2: Consider the following time series...

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Accounting

Use this information to answer Question 1 to Question 2: Consider the following time series data:
Week 1 2 3 4 5 6 Value 24 13 20 12 19 23
(Similar to problem 2.2.4 in notes)
1. (15 points) Compute three week moving average forecast and forecast using exponential smoothing ( = 0.02).
2. (15 points) Compute mean absolute error and mean square error for these methods.

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