Question: The data below (stored in DesktopLaptop) represent the hours per day spent by American desktop/ laptop users from 2008 to 2016. a. Plot the time

The data below (stored in DesktopLaptop) represent the hours per day spent by American desktop/ laptop users from 2008 to 2016.

Hours per Day Year Year Hours per Day 2.3 2013 2014 2015 2016 2008 2009 2.2 2.3 2.2 2010 2011 2012 2.4 2.6 2.5 2.2 2.2


a. Plot the time series.

b. Fit a three-year moving average to the data and plot the results.

c. Using a smoothing coefficient of W = 0.50, exponentially smooth the series and plot the results.

d. What is your exponentially smoothed forecast for 2017?

e. Repeat (c) and (d), using W = 0.25.

f. Compare the results of (d) and (e).

g. What conclusions can you reach about desktop/laptop use by American users?

Hours per Day Year Year Hours per Day 2.3 2013 2014 2015 2016 2008 2009 2.2 2.3 2.2 2010 2011 2012 2.4 2.6 2.5 2.2 2.2

Step by Step Solution

3.43 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a b c e d Y 2017 E 2016 22238 e Y 2017 E 2016 22702 f The ex... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Basic Business Statistics Questions!