Apply the exponential smoothing technique with exponential smoothing constant a = 0.3 to the following data for period 1 through 10 and compute forecasting errors also. Time Period 12 3 4 5 6 789 10 Gasoline Sales 39 37 61 58 | 18 | 56 | 82 27 | 41 | 69

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter4: Eigenvalues And Eigenvectors
Section4.6: Applications And The Perron-frobenius Theorem
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5. Apply the exponential smoothing technique with exponential smoothing constant a = 0.3 to
the following data for period 1 through 10 and compute forecasting errors also.
Time Period
1
2
3
4
6.
7
8
10
Gasoline Sales | 39 | 37 61
58 | 18 | 56 82 | 27 | 41
69
Transcribed Image Text:5. Apply the exponential smoothing technique with exponential smoothing constant a = 0.3 to the following data for period 1 through 10 and compute forecasting errors also. Time Period 1 2 3 4 6. 7 8 10 Gasoline Sales | 39 | 37 61 58 | 18 | 56 82 | 27 | 41 69
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