3.a. The given table shows the rainfall of Gujarat Region. Forecast the rainfall using Exponential Smoothing. Use Alpha =0.2, 0.5 and 0.8. Data is available from 1997 to 2016, use this series for the calculation and forecast the rainfall for the year 2017. To know, what extent the prediction is correct, actual rainfall for 2017 (1024,4

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
100%

Please provide step by step solution

3.a. The given table shows the rainfall of Gujarat Region. Forecast the rainfall using
Exponential Smoothing. Use Alpha =0.2, 0.5 and 0,8. Data is available from 1997 to
2016, use this series for the calculation and forecast the rainfall for the year 2017. To
know, what extent the prediction is correct, actual rainfall for 2017 (1024,4
millimeters) is provided. Based on MSE and MAD, find out which alpha values
among the three suggestions are relatively near to actual value?
SUBDIVISION
YEAR
ANNUAL (in MM)
Gujarat Region
1997
1068.9
Gujarat Region
1998
1070
Gujarat Region
1999
568.4
Gujarat Region
2000
550.6
Gujarat Region
2001
849
Gujarat Region
2002
637.2
Gujarat Region
2003
1160.3
Gujarat Region
2004
1005.8
Gujarat Region
2005
1316.4
Gujarat Region
2006
1478
Gujarat Region
2007
1178.9
Gujarat Region
2008
911.1
Gujarat Region
2009
641.6
Gujarat Region
2010
1088.7
Gujarat Region
2011
890.5
Gujarat Region
2012
714
Gujarat Region
2013
1118.6
Gujarat Region
2014
705,7
Gujarat Region
2015
622.9
Gujarat Region
2016
764.9
Transcribed Image Text:3.a. The given table shows the rainfall of Gujarat Region. Forecast the rainfall using Exponential Smoothing. Use Alpha =0.2, 0.5 and 0,8. Data is available from 1997 to 2016, use this series for the calculation and forecast the rainfall for the year 2017. To know, what extent the prediction is correct, actual rainfall for 2017 (1024,4 millimeters) is provided. Based on MSE and MAD, find out which alpha values among the three suggestions are relatively near to actual value? SUBDIVISION YEAR ANNUAL (in MM) Gujarat Region 1997 1068.9 Gujarat Region 1998 1070 Gujarat Region 1999 568.4 Gujarat Region 2000 550.6 Gujarat Region 2001 849 Gujarat Region 2002 637.2 Gujarat Region 2003 1160.3 Gujarat Region 2004 1005.8 Gujarat Region 2005 1316.4 Gujarat Region 2006 1478 Gujarat Region 2007 1178.9 Gujarat Region 2008 911.1 Gujarat Region 2009 641.6 Gujarat Region 2010 1088.7 Gujarat Region 2011 890.5 Gujarat Region 2012 714 Gujarat Region 2013 1118.6 Gujarat Region 2014 705,7 Gujarat Region 2015 622.9 Gujarat Region 2016 764.9
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 9 steps with 7 images

Blurred answer
Knowledge Booster
Perimeter
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman