Question 1
For this first question, start by going to the following hyperlink and downloading the free book on Forecasting Principles and Practices 2nd ed. by Hyndman.
**the following link will take you to the book** https://otexts.com/fpp2/ Next, skim through the first chapter and then flip through the remainder of the book
at your own pace. Respond in the space below by telling a little about what you learned and what you might be able to learn on your own time as you make a
personal commitment to read on at a future date.
Question 3 **CHPT 3 attached**
In Chapter 3 you were introduced to an Overview of Forecasting Methods. You will have learned that there are two broad categories of forecasting. Review
both of these methods and then explain:
How these two forecasting categories differ?
The principle forecasting methods employed in each category?
Advantages, disadvantages, and relative effectiveness of each method?
Question 5 **CHPT 5 attached**
This question references chapter 5 in your textbook: Quantitative forecasting Methods Using Time Series Methods. Briefly explain the following Quantitative
Time Series methods and give an example of when each method would be most appropriately applied:
Moving Averages
Exponential Smoothing
Single Exponential Smoothing
Holt’s Two-Parameter Method