Applied Statistics in Business and Economics
Applied Statistics in Business and Economics
5th Edition
ISBN: 9780077837303
Author: David Doane, Lori Seward Senior Instructor of Operations Management
Publisher: McGraw-Hill Education
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Chapter 14, Problem 12CR

a.

To determine

Explain two ways to initialize the forecasts in an exponential smoothing process.

b.

To determine

Write an advantage and disadvantage of each method.

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Chapter 14 Solutions

Applied Statistics in Business and Economics

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