Question
Below is a table of the average number cents per pound beef cattle are selling for at the Carroll County Live Stock Auction in each
Below is a table of the average number cents per pound beef cattle are selling for at the Carroll County Live Stock Auction in each quarter. Use the information below to produce Holt's forecast for Q2:2018. Initialization values are given in the first row of F, T, and H.
Alpha = 0.9 and Gamma = 0.3
Enter ONLY your Q2:2018 forecasted value. Round your answer to two decimal places (e.g., 1.23).
Qtr:Year Beef Prices (Cents/Lb) F T H
Q1:2016 151 149 2 151.00
Q2:2016 153
Q3:2016 157
Q4:2016 158
Q1:2017 159
Q2:2017 162
Q3:2017 164
Q4:2017 169
Q1:2018 173
Q2:2018 ?
Your Answer:
Answer
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