For the data of Exercise 18.9, use the weighting constant α = 0.6 and exponential smoothing to
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In exercise
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Year Consumption Yer Consumption 1992 1993 1994 1995 1996 1997 1998 1999 29.6 30.6 30.8 33.3 33.0 33.0 32.8 36.0 2000 2001 2002 2003 2004 2005 2006 2007 37.7 37.3 38.2 38.6 38.8 39.6 38.6 40.2
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In the partial Minitab printout below refer to the Predict and Forecast columns Single Exponential S...View the full answer
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