The table below shows the number of chickens slaughtered during each month of 2021, as well as the number of birds that was forecasted to be slaughtered each month using a 3-month moving average. The weights used to make these forecasts are w = 0.5, wt-1 = 0.3, and wŁ2 = 0.2. If you use a 3-month moving average with the same weights, how many birds would you forecast would be slaughtered is January 2022 (i.e. one month after the last entry in the table). Birds Slaughter Date (t) Slaughtered Forecast 1, WMA 01/28/2021 6,045,000 6,335,011 02/28/2021 5,893,000 6,249,105 03/28/2021 6,686,000 6,084,900 04/28/2021 6,643,000 05/28/2021 6,648,000 06/28/2021 7,519,000 6,549,849 07/28/2021 6,980,000 6,824,016 08/28/2021 6,859,000 6,965,087 09/28/2021 6,722,000 7,213,877 10/28/2021 6,340,000 11/28/2021 5,768,000 7,085,925 12/28/2021 6,288,000 6,275,674 6,322,348 7,030,539 6,610,554
The table below shows the number of chickens slaughtered during each month of 2021, as well as the number of birds that was forecasted to be slaughtered each month using a 3-month moving average. The weights used to make these forecasts are w = 0.5, wt-1 = 0.3, and wŁ2 = 0.2. If you use a 3-month moving average with the same weights, how many birds would you forecast would be slaughtered is January 2022 (i.e. one month after the last entry in the table). Birds Slaughter Date (t) Slaughtered Forecast 1, WMA 01/28/2021 6,045,000 6,335,011 02/28/2021 5,893,000 6,249,105 03/28/2021 6,686,000 6,084,900 04/28/2021 6,643,000 05/28/2021 6,648,000 06/28/2021 7,519,000 6,549,849 07/28/2021 6,980,000 6,824,016 08/28/2021 6,859,000 6,965,087 09/28/2021 6,722,000 7,213,877 10/28/2021 6,340,000 11/28/2021 5,768,000 7,085,925 12/28/2021 6,288,000 6,275,674 6,322,348 7,030,539 6,610,554
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 60SE: Use this data for the exercises that follow: In 2013, there were roughly 317 million citizens in the...
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