You have developed two forecasts for demand (in units) for next month, an MA(2) and...
60.1K
Verified Solution
Link Copied!
Question
Finance
You have developed two forecasts for demand (in units) for next month, an MA(2) and an MA(5). Which model should you use for the forecast?
| Forecast Method: | MA(2) | MA(5) |
| Forecast: | 54,287 | 53,164 |
| MSE: | 36 | 32 |
Group of answer choices
Either one is fine
MA(2) because it uses more recent data
MA(2) because it has larger MSE
MA(5) because it has a lower forecast
MA(5) because it has smaller MSE
MA(2) because it has a higher forecast
MA(5) because it uses more data
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.