5-40 Using the DJIA data in Problem 5-39, use exponential smooth with trend adjustment to forecast the

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5-40 Using the DJIA data in Problem 5-39, use exponential smooth with trend adjustment to forecast the opening DJIA value for 2014. Use α = 0.8. and

β = 0.2. Compare the MSE for this technique with the MSE for the trend line.

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Quantitative Analysis For Management

ISBN: 9789332578692

12th Edition

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

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