Plot the time series data. Make sure that the graph is labeled (i.e., title, vertical axis, etc.) Compute the forecast for Q4, 2010 using each of the following time series forecasting techniques: 2-period moving average. 4-period moving average. Simple ex
- Plot the time series data. Make sure that the graph is labeled (i.e., title, vertical axis, etc.)
- Compute the forecast for Q4, 2010 using each of the following time series forecasting techniques:
- 2-period moving average.
- 4-period moving average.
- Simple exponential smoothing. Use the naive approach to generate an initial forecast and a trial-and-error approach to compute alpha that minimizes MSE. (please show how you arrived at alpha)
- Trend Line.
- Seasonalized Time Series Regression.
3. Compute the MSE values for parts (a) through (d).
4. Which forecasting technique would you recommend? Justify your answer.
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