Question: Given the series Yt in Table P-8: a. What is the forecast for period 9, using a five-period moving average? b. If simple exponential smoothing

Given the series Yt in Table P-8:
a. What is the forecast for period 9, using a five-period moving average?
b. If simple exponential smoothing with a smoothing constant of .4 is used, what is the forecast for time period 4?
c. In part b, what is the forecast error for time period 3?
Table P-8

Time Period Y 200 215 216 219

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a See plot below Y t Avg Fits Res 200 210 215 216 219 212 220 216 212 8 225 219 216 9 226 2212 219 7 ... View full answer

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