MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Forecasts will be made using the most recent values known. There will be no forecast for the first month. The forecast value for month 2 will be the observed value from month 1, so the forecast value for month 2 is . The forecast value for month 3 will be the observed value from month 2, so the forecast value for month 3 is . This pattern will continue for the rest of the months.
Complete the column for the forecast value in the table below.
Month | Value | Forecast Value |
---|---|---|
1 | 22 | |
2 | 30 | |
3 | 26 | |
4 | 31 | |
5 | 27 | |
6 | 26 | |
7 | 31 |
Find the forecast for month 8 using this pattern.
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