Question: Given the series Y, in Table P-8: a. What is the forecast for period 9 using a five-period moving average? b. If simple exponential smoothing
Given the series Y, in Table P-8:
a. What is the forecast for period 9 using a five-period moving average?
b. If simple exponential smoothing with a smoothing constant of .4 is used. what is the forecast for period 4?
c. In part
b, what is the forecast error for time period 3?
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