In using a double exponential smoothing method, we calculated S3 to be 2,255.6 and G3 to be 12.2. D4 is 1,916 and alpha and beta values are 0.4, and 0.53, resp

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.7: Exponential And Logarithmic Models
Problem 19TI: Does a linear, exponential, or logarithmic model best fit the data in Table 2? Find the model.
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In using a double exponential smoothing method, we calculated S3 to be 2,255.6 and G3 to be 12.2. D4 is 1,916 and alpha and beta values are 0.4, and 0.53, respectively. The error for the forecast in period 4 (F4) is:

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