Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A B C D E F G H H Month Sales Part a Use the area below to draw a time series plot. 105 130

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
A B C D E F G H H Month Sales Part a Use the area below to draw a time series plot. 105 130 125 105 SDOYOUAWNP 85 120 140 8 145 9 100 11 10 85 12 11 95 13 12 115 14 15 16 17 18 19 20 21Part c Smoothing constant (Alpha) 0.5 Month Time-Series Value Forecast Error? Formula 105 130 #N/A #N/A 125 #N/A #N/A 105 #N/A F #N/A 85 #N/A #N/A 120 #N/A #N/A 140 #N/A #N/A 145 #N/A #N/A 100 #N/A #N/A 10 85 #N/A #N/A 11 95 #N/A #N/A 12 115 #N/A #N/A 13 #N/A MSE (to 2 Alpha decimals) 0.1 #N/A 0.5 AN/AVideo The time series showing the sales of a particular product over the past 12 months is contained in the Excel Online file below. Construct a spreadsheet to answer the following questions. X Open spreadsheetb. Use a = 0.1 to compute the exponential smoothing forecasts for the time series (to 2 decimals). Month Time-Series Value Forecast 105 130 105.00 125 110.00 X 105 DOYOU A W NA 85 120 140 145 100 10 85 11 95 12 115 13c. Use a smoothing constant of o = 0.5 to compute the exponential smoothing forecasts (to 2 decimals). Time-Series Month Value Forecast 105 2 130 3 125 105 85 YouA 120 140 8 145 9 100 10 85 11 95 12 115 13 Compute MSE (to 2 decimals). MSE (Q = 0.1): MSE (Q = 0.5)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Geometry And Analysis Of Fractals Hong Kong, December 2012

Authors: De Jun Feng, Ka Sing Lau

1st Edition

3662439204, 9783662439203

More Books

Students also viewed these Mathematics questions

Question

A 300N F 30% d 2 m Answered: 1 week ago

Answered: 1 week ago

Question

2. How do I perform this role?

Answered: 1 week ago