The following table shows the production figures (x_{i}) of cars of a company over a time period
Question:
The following table shows the production figures \(x_{i}\) of cars of a company over a time period of 12 years (in \(10^{3}\) ).
(1) Draw a time series plot. Is the underlying trend function linear?
(2) Smooth the time series \(\left\{x_{i}\right\}\) by the Epanechnikov kernel with bandwidth \([-2,+2]\).
(3) Smooth the time series \(\left\{x_{i}\right\}\) by exponential smoothing with parameter \(\lambda=0.6\) and predict the output for year 13 by the recursive equation (6.31).
Data from 6.31
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Related Book For
Applied Probability And Stochastic Processes
ISBN: 9780367658496
2nd Edition
Authors: Frank Beichelt
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