What are the advantages and disadvantages of the exponential smoothing method?
Question:
What are the advantages and disadvantages of the exponential smoothing method?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Exponential smoothing is a time series forecasting method commonly used in business and economics It involves assigning exponentially decreasing weigh...View the full answer
Answered By
Pushpinder Singh
Currently, I am PhD scholar with Indian Statistical problem, working in applied statistics and real life data problems. I have done several projects in Statistics especially Time Series data analysis, Regression Techniques.
I am Master in Statistics from Indian Institute of Technology, Kanpur.
I have been teaching students for various University entrance exams and passing grades in Graduation and Post-Graduation.I have expertise in solving problems in Statistics for more than 2 years now.I am a subject expert in Statistics with Assignmentpedia.com.
4.40+
3+ Reviews
10+ Question Solved
Related Book For
Service Systems Engineering And Management
ISBN: 978-0367781323
1st Edition
Authors: A. Ravi Ravindran ,Paul M. Griffin ,Vittaldas V. Prabhu
Question Posted:
Students also viewed these Business questions
-
Let A, B be sets. Define: (a) the Cartesian product (A B) (b) the set of relations R between A and B (c) the identity relation A on the set A [3 marks] Suppose S, T are relations between A and B, and...
-
Let r and s be solutions to the quadratic equation x 2 b x + c = 0. For n N, define d0 = 0 d1 = r s dn = b dn1 c dn2 (n 2) Prove that dn = r n s n for all n N. [4 marks] (b) Recall that a commutative...
-
Design a Java class that represents a cache with a fixed size. It should support operations like add, retrieve, and remove, and it should evict the least recently used item when it reaches capacity.
-
Which properties of the Clean annotation must be true for the following to compile? (Choose three.) A. The annotation must contain exactly one element. B. The annotation must contain an element named...
-
Two components operate in parallel in a device, so the device fails when and only when both components fail. The lifetimes, X1 and X2, of the respective components are independent and identically...
-
The flaws in a piece of timber occur at the rate of 0.05 per linear foot. The random variable X is the number of flaws in the next 14 linear feet of timber. State the values of and t for each...
-
Consider two identical call options, with strikes \(K_{1}\) and \(K_{2}\); show that: (a) If \(K_{2}>K_{1}\) then \(C\left(K_{2} ight)>C\left(K_{1} ight)\) (b) If \(K_{2}>K_{1}\) then...
-
Sometimes, the historical data on returns and variances may be poor predictors of how investments will perform in the future. In this case, the scenario approach to portfolio optimization may be...
-
10.2. Option strategies. Consider the option strategies in Example 10.8 including the European call option. Consider the parameters = 0.1, T = 1, and K = 480 as in Example 10.16. (a) Draw the graph...
-
Name at least three practical uses of forecast errors.
-
Under what conditions may the Last value method be better than the Averaging method?
-
If interest rates rise, what happens to the value today of a promise of money in one year?
-
Is it necessary for an insured to notify the insurer of changes of circumstance that occur after the policy enters into force?
-
In what respect may bankruptcy bring about the discharge of contracts?
-
Describe the difference between a bearer instrument and an order instrument.
-
What is the special nature of insurance for a high-rise condominium building?
-
Donna draws a cheque payable to Edgar for a maximum of $1000 for carpentry work. Edgar completes the work while Donna is out of town and takes the cheque to his bank to cash it. The bank refuses on...
-
When Mr. Shafer died, his estate after taxes amounted to $300,000. His will provided that Mrs. Shafer would receive $24.000 per year starting immediately from the principal of the estate and that the...
-
An educational researcher devised a wooden toy assembly project to test learning in 6-year-olds. The time in seconds to assemble the project was noted, and the toy was disassembled out of the childs...
-
Your client, Ecru Limited, uses a small sales force to solicit sales of its whole sale restaurant supplies. Ecru is based in State W, and the sales representatives are assigned territories in States...
-
Your client, Royal Corporation, generates significant interest income from its working capital liquid investments. Write a memo for the tax research file, discussing the planning opportunities...
-
As the director of the multistate tax planning department of a consulting firm, you are developing a brochure to highlight the services it can provide. Part of the brochure is a list of five or so...
-
If Sunland Supply Company has net sales of $491000 and cost of goods sold of $353520, the company's gross profit rate is
-
"Don't tell me we've lost another bid!" exclaimed Janice Hudson, president of Prime Products Inc. "I'm afraid so, replied Doug Martin, the operations vice president. "One of our competitors underbid...
-
Ravsten Company uses a job-order costing system. On January 1, the beginning of the current year, the company's Inventory balances were as follows: Raw materials Work in process Finished goods...
Study smarter with the SolutionInn App