Question: Apply an exponential smoothing forecasting model with alpha equal to 0.8 to the CSCO stock price in the Closing Stock Prices excel file. What is

Apply an exponential smoothing forecasting model with alpha equal to 0.8 to the CSCO stock price in the Closing Stock Prices excel file. What is the forecast for the last observed time period (1st of October 2010)? Group of answer choices

a. 21.91 b. 21.88 c. 21.89 d. 21.90

Apply an exponential smoothing forecasting model

Closing Stock Prices DJ Industrials Date IBM INTC CSCO GE Index 9/3/2010 ###### $18.43 $21.04 $15.39 10447.93 9/7/2010 ###### $18.12 $20.58 $15.44 10340.69 9/8/2010 ###### $17.90 $20.64 $15.70 10387.01 9/9/2010 ###### $18.00 $20.61 $15.91 10415.24 9/10/2010 ###### $17.97 $20.62 $15.98 10462.77 9/13/2010 ###### $18.56 $21.26 $16.25 10544.13 9/14/2010 ###### $18.74 $21.45 $16.16 10526.49 9/15/2010 ###### $18.72 $21.59 $16.34 10572.73 9/16/2010 ###### $18.97 $21.93 $16.23 10594.83 9/17/2010 ###### $18.81 $21.86 $16.29 10607.85 9/20/2010 ###### $18.93 $21.75 $16.55 10753.62 9/21/2010 ###### $19.14 $21.64 $16.52 10761.03 9/22/2010 ###### $19.01 $21.67 $16.50 10739.31 9/23/2010 ###### $18.98 $21.53 $16.14 10662.42 9/24/2010 ###### $19.42 $22.09 $16.66 10860.26 9/27/2010 ###### $19.24 $22.11 $16.43 10812.04 9/28/2010 ###### $19.51 $21.86 $16.44 10858.14 9/29/2010 ###### $19.24 $21.87 $16.36 10835.28 9/30/2010 ###### $19.20 $21.90 $16.25 10788.05 10/1/2010 ###### $19.32 $21.91 $16.36 10829.68

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 General Management Questions!