The following time series shows the sales of a particular product over the past 12 months. Month Sales 1 105 2 135 3 120 4 105 5 90 6 120 7 145 8 140 9 100 10 80 11 100 12 110 Use a=0.3 to compute the exponential smoothing values for the time series
The following time series shows the sales of a particular product over the past 12 months. Month Sales 1 105 2 135 3 120 4 105 5 90 6 120 7 145 8 140 9 100 10 80 11 100 12 110 Use a=0.3 to compute the exponential smoothing values for the time series
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter8: Time Series Analysis And_forecasting
Section: Chapter Questions
Problem 14P: The following time series shows the sales of a particular product over the past 12...
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- The following time series shows the sales of a particular product over the past 12 months.
Month Sales
1 105
2 135
3 120
4 105
5 90
6 120
7 145
8 140
9 100
10 80
11 100
12 110
- Use a=0.3 to compute the exponential smoothing values for the time series.
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