ten weeks of data on the commodity Futures index are 7.35, 7.40, 7.55, 7.56, 7.60, 7.52,7.52, 7.70, 7.62, and 7.55.a. construct a time series plot. What type of pattern exists in the data?b. compute the exponential smoothing forecasts for a = .2.c. compute the exponential smoothing forecasts for a = .3.d. Which exponential smoothing constant provides more accurate forecasts based onMSe? Forecast week 11.
ten weeks of data on the commodity Futures index are 7.35, 7.40, 7.55, 7.56, 7.60, 7.52,7.52, 7.70, 7.62, and 7.55.a. construct a time series plot. What type of pattern exists in the data?b. compute the exponential smoothing forecasts for a = .2.c. compute the exponential smoothing forecasts for a = .3.d. Which exponential smoothing constant provides more accurate forecasts based onMSe? Forecast week 11.
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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ten weeks of data on the commodity Futures index are 7.35, 7.40, 7.55, 7.56, 7.60, 7.52,
7.52, 7.70, 7.62, and 7.55.
a. construct a time series plot. What type of pattern exists in the data?
b. compute the exponential smoothing forecasts for a = .2.
c. compute the exponential smoothing forecasts for a = .3.
d. Which exponential smoothing constant provides more accurate forecasts based on
MSe? Forecast week 11.
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