Question: question 3 given is a historical time series for job...
Given is a historical time series for job services demand in the prior 6 months.
a) The MAD based on the Exponential smoothing α = 0.2 method = (4 decimal places)
b) The MAD based on the 3 months moving average method = (in 4 decimal places)
c) The MSE based on the 3 months moving average method =
d) Use MAD as an criterion to evaluate forecasting methods I (exponential smoothing, α = 0.2 ) and II (3 month moving average). The most accurate forecasting methods between I and II is method (enter I or II)