Question: A simple exponential with the smoothing coefficient set at 0.5 is run on 5 time periods of varlable Y with the Megastat output provided below:

 A simple exponential with the smoothing coefficient set at 0.5 is

A simple exponential with the smoothing coefficient set at 0.5 is run on 5 time periods of varlable Y with the Megastat output provided below: Simple Exponential Smoothing Alphs50 285.4 Mean Squared Enor 32.0\% Mean Nbsoluto Percent Error 80.0% Percent Positivo Errors What is the value of the forecast for Y when t=6 ? Report your answer as a whole number

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!