a. Use Excel's Data Analysis Exponential Smoothing tool to forecast each of the stock prices using simple exponential smoothing with a smoothing constant of 0.3. Complete the exponential smoothing forecast model for stock A. (Type integers or decimals rounded to two decimal places as needed.)
a. Use Excel's Data Analysis Exponential Smoothing tool to forecast each of the stock prices using simple exponential smoothing with a smoothing constant of 0.3. Complete the exponential smoothing forecast model for stock A. (Type integers or decimals rounded to two decimal places as needed.)
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.7: Exponential Smoothing Models
Problem 26P: The file P13_26.xlsx contains the monthly number of airline tickets sold by the CareFree Travel...
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The accompanying dataset provides the closing prices for four stocks and the stock exchange over 12 days. Complete parts a through c.
a. Use Excel's Data Analysis Exponential Smoothing tool to forecast each of the stock prices using simple exponential smoothing with a smoothing constant of 0.3.
Complete the exponential smoothing forecast model for stock A.
(Type integers or decimals rounded to two decimal places as needed.)
|
Date
|
Forecast A
|
|---|---|
|
09/03/2010
|
|
|
09/07/2010
|
enter your response here
|
|
09/08/2010
|
enter your response here
|
|
09/09/2010
|
enter your response here
|
|
09/10/2010
|
enter your response here
|
|
09/13/2010
|
enter your response here
|
|
09/14/2010
|
enter your response here
|
|
09/15/2010
|
enter your response here
|
|
09/16/2010
|
enter your response here
|
|
09/17/2010
|
enter your response here
|
|
09/20/2010
|
enter your response here
|
|
09/21/2010
|
enter your response here
|
|
Date
|
A
|
B
|
C
|
D
|
Stock Exchange
|
|
|---|---|---|---|---|---|---|
|
09/03/2010
|
127.07
|
18.54
|
20.84
|
15.44
|
10,536.56
|
|
|
09/07/2010
|
124.84
|
18.21
|
20.45
|
15.55
|
10,245.77
|
|
|
09/08/2010
|
125.67
|
17.77
|
20.83
|
15.72
|
10,320.11
|
|
|
09/09/2010
|
126.46
|
17.95
|
20.56
|
15.92
|
10,490.35
|
|
|
09/10/2010
|
126.88
|
18.01
|
20.73
|
16.01
|
10,384.72
|
|
|
09/13/2010
|
128.77
|
18.66
|
21.13
|
16.13
|
10,558.58
|
|
|
09/14/2010
|
129.34
|
18.71
|
21.46
|
16.21
|
10,609.24
|
|
|
09/15/2010
|
128.41
|
18.74
|
21.43
|
16.33
|
10,485.36
|
|
|
09/16/2010
|
129.12
|
18.84
|
21.89
|
16.37
|
10,508.38
|
|
|
09/17/2010
|
130.72
|
18.88
|
21.73
|
16.24
|
10,662.75
|
|
|
09/20/2010
|
131.79
|
18.97
|
21.83
|
16.55
|
10,672.27
|
|
|
09/21/2010
|
133.26
|
19.25
|
21.44
|
16.39
|
10,703.59
|
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