Given the series Yt in Table P-8: a. What is the forecast for period 9, using a
Question:
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
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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 the full answer
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