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Question: an electrical contractors records during the last 5 weeks indicate...
Question details
An electrical contractor's records during the last 5 weeks indicate the number of job requests:
Week | Actual Requests | ||
1 | 20 | ||
2 | 22 | ||
3 | 18 | ||
4 | 21 | ||
5 | 22 | ||
1.Graph the actual request data using appropriate labels, and provide insights about the time series (describe what you observe re the behavior of the sales over the period under review).
2/What is the forecast for Week 6 using a 2-period moving average?
3.What is the forecast for Week 6 using the Naïve method?
4.Compute the MAD, MAPE, and MSE for the two-period moving average and Naïve models and compare your results. Explain which of the two forecasting models you prefer and why.
5.Graph the actual number of requests, the 2-period and Naïve forecasts. Use appropriate labels for your graphs
Please help with all questions and show calculations
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