Ten weeks of data on the commodity Futures Index are 7.35, 7.4, 7.55, 7.56, 7.6, 7.52, 7.52, 7.7, 7.62, and 7.55. (1) Compute the exponential smoothing forecasts for a=0.3 (2)Compute MSE. (3)Forecast month 11.

Ten weeks of data on the commodity Futures Index are 7.35, 7.4, 7.55, 7.56, 7.6, 7.52, 7.52, 7.7, 7.62, and 7.55. (1) Compute the exponential smoothing forecasts for a=0.3 (2)Compute MSE. (3)Forecast month 11.

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter9: Systems Of Equations And Inequalities

Section9.1: Systems Of Equations

Problem 44E

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Question

Ten weeks of data on the commodity Futures
Index are 7.35, 7.4, 7.55, 7.56, 7.6, 7.52,
7.52, 7.7, 7.62, and 7.55.
(1) Compute the exponential smoothing forecasts
for a=0.3
(2)Compute MSE.
(3)Forecast month 11.

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