Use the quarterly home price data for New Jersey to answer the following questions home sales prices data_1966.xlsx
a. Plot the series and discuss the main features of the data.
b. Apply simple exponential smoothing using weighting parameter, alpha =0.5 and alpha=0.8, to forecast the next quarter home prices. Which alpha would you pick to forecast next quarter home prices? Explain how you arrived at this conclusion.
***PLEASE INCLUDE GRAPHS***
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we\'ll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.