Week Sales Week Sales 2750 7 3300 3100 8 3100 3 3250 9 2950 4 2800 10 3000 5 2900 11 3200 3050 12 3150
Week Sales Week Sales 2750 7 3300 3100 8 3100 3 3250 9 2950 4 2800 10 3000 5 2900 11 3200 3050 12 3150
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.1: Measures Of Center
Problem 8PPS
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Question
United Dairies, Inc., supplies milk to several independent grocers throughout Dade
C ounty, Florida. Managers at United Dairies want to develop a forecast of the number of
half gallons of milk sold per week. Sales data for the past 12 weeks are:
a. Construct a time series plot. What type of pattern exists in the data?
b. Use exponential smoothing with a 5 0.4 to develop a forecast of demand for week 13.
What is the resulting MSE?
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