Question: The data in the following table represent total exports for Malaysia (in millions). < MALAY_X > a. Plot the time series. b. Fit a 3-year
The data in the following table represent total exports for Malaysia (in millions). < MALAY_X >
a. Plot the time series.
b. Fit a 3-year moving average to the data and plot the results.
c. Using a smoothing coefficient of W 5 0.30, smooth the series exponentially and plot the results.
d. Repeat
(c) using W 5 0.65.
e. Compare the results of
(c) and (d).
f. Forecast the 2013 value using W 5 0.3, and compare this forecast with the real value at
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