Develop spreadsheet models for forecasting each of the stock prices using single moving average and single exponential smoothing.
1. The Excel file Closing Stock Prices provides data for four stocks over a one-month period. a. Develop spreadsheet models for forecasting each of the stock prices using single moving average and single exponential smoothing. b. Using MAD, MSE, and MAPE as guidance, find the best number of moving average periods and best smoothing constant for exponential smoothing. 2. Use the data in the Excel file Baseball Attendance to do the following: a. Develop spreadsheet models for forecasting attendance using single moving average and single exponential smoothing. b. Using MAD, MSE, and MAPE as guidance, find the best number of moving average periods and best smoothing constant for exponential smoothing.
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