The following are weekly sales data, in thousands of units, for microcomputer disks: 57, 58, 60, 54,

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The following are weekly sales data, in thousands of units, for microcomputer disks:

57, 58, 60, 54, 56, 53, 55, 59, 62, 57, 50, 48, 52, 55, 58, 61

Use w = 0.3 and w = 0.8 to produce an exponential smoothing model for these data.

Which value of w produces better forecasts? Explain.

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Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

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Question Posted: Jun 03, 2015 09:20 AM

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The following are weekly sales data, in thousands of units, for microcomputer disks: 57, 58, 60, 54,

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1217 Using a computer w 03 Zhat 1 Z1 57 w 08 Zhat 2 035700 075700 5700 085700 025700 5700 Zhat 3 035...View the full answer

Complete Business Statistics

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