Question

Using the data below, what is the simple exponential smoothing forecast for the 4th week where...

Using the data below, what is the simple exponential smoothing forecast for the 4th week where α=0.4?

Week

Time Series Value

1

6.00

2

4.00

3

8.00

4

6.00
Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Exponential smoothing forecast for the week 4 is, 6.192

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Using the data below, what is the simple exponential smoothing forecast for the 4th week where...
Using the data below, what is the simple exponential smoothing forecast for the 4th week where α=0.4? Week Time Series Value 1 6.00 2 4.00 3 8.00 4 6.00
1. Using the data below, what is the value of RMSE? Week Time Series Value Forecast...
1. Using the data below, what is the value of RMSE? Week Time Series Value Forecast 1 3 7.00 2 5 4.00 3 2 5.00 4 8 8.00 2. Using the data below, calculate the squared error for the 4th week. Use the 2 period moving average to create the forecast. Week Time Series Value 1 19.00 2 11.00 3 22.00 4 7.00 Please, do the all the work and show processes
Using the data below, what is the weighted moving average forecast for the 4th week? The...
Using the data below, what is the weighted moving average forecast for the 4th week? The weights are .20, .30, .50 (oldest period to most recent period) Week Time Series Value 1 23.00 2 10.00 3 24.00 4 9.00 Answer Format: Number: Round to: 1 decimal places.
Consider the following time series data. Week 1 2 3 4 5 6 Value 19 12...
Consider the following time series data. Week 1 2 3 4 5 6 Value 19 12 16 11 18 13 (b) Develop the three-week moving average forecasts for this time series. (Round your answers to two decimal places.) Week Time Series Value Forecast 1 19 2 12 3 16 4 11 5 18 6 13 Compute MSE. (Round your answer to two decimal places.) MSE =   What is the forecast for week 7? (c) Use α = 0.2 to compute...
(b) Develop the three-week moving average forecasts for this time series. (Round your answers to two...
(b) Develop the three-week moving average forecasts for this time series. (Round your answers to two decimal places.) Week Time Series Value Forecast 1 16 2 11 3 13 4 10 5 14 6 12 Compute MSE. (Round your answer to two decimal places.) MSE = What is the forecast for week 7? (c) Use α = 0.2 to compute the exponential smoothing forecasts for the time series. Week Time Series Value Forecast 1 16 2 11 3 13 4...
Consider the following time series data. Week 1 2 3 4 5 6 Value 18 13...
Consider the following time series data. Week 1 2 3 4 5 6 Value 18 13 15 12 16 14 c)Use α = 0.2 to compute the exponential smoothing forecasts for the time series. Week Time Series Value Forecast 1 18 2 13 18 3 15 4 12 5 16 6 14 Compute MSE. (Round your answer to two decimal places.) MSE =____ What is the forecast for week 7? (Round your answer to two decimal places.) ____ (e)Use a...
Following are time-series data for ten different periods. Use exponential smoothing to forecast the values for...
Following are time-series data for ten different periods. Use exponential smoothing to forecast the values for periods 3 through 10. Use the value for the first period as the forecast for the second period. Compute forecasts using α = 0.8. Compute the MAD and MSE. Time period Value 1 27 2 31 3 58 4 63 5 59 6 66 7 71 8 86 9 101 10 97
Consider the following time series data. Week 1 2 3 4 5 6 Value 18 13...
Consider the following time series data. Week 1 2 3 4 5 6 Value 18 13 16 11 17 14 A) What type of pattern exists in the data? (HORIZONTAL OR TREND) B) Develop a three-week moving average for this time series. Compute MSE and a forecast for week 7. If required, round your answers to two decimal places. Week Time Series Value Forecast 1 18 2 13 3 16 4 11 _______ 5 17 _______ 6 14 _______ MSE:...
Following are time-series data for ten different periods. Use exponential smoothing to forecast the values for...
Following are time-series data for ten different periods. Use exponential smoothing to forecast the values for periods 3 through 10. Use the value for the first period as the forecast for the second period. Compute forecasts using α = 0.1. Compute the MAD and MSE. Time period Value 1 27 2 31 3 58 4 63 5 59 6 66 7 71 8 86 9 101 10 97 Group of answer choices A) MAD=296.6, MSE=1266.5 B) MAD=296.6 , MSE=11398.5 C)...
Following are time-series data for ten different periods. Use exponential smoothing to forecast the values for...
Following are time-series data for ten different periods. Use exponential smoothing to forecast the values for periods 3 through 10. Use the value for the first period as the forecast for the second period. Compute forecasts using α = 0.8. Compute the MAD and MSE. Time period Value 1 27 2 31 3 58 4 63 5 59 6 66 7 71 8 86 9 101 10 97 Group of answer choices a) MAD=9.7, MSE=1585.6 b) MAD=9.7, MSE=176.2 c) MAD=10.2,...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT