Question: Determine the following: a . The value of consistent with N = 6 in moving averages. b . The value of N consistent with =
Determine the following:
a The value of consistent with in moving averages.
b The value of consistent with
The value of that results in a variance of forecast error, percent higher than the variance of each observation, refer to the formulas derived in Appendix A
For the data for Problems through use the arithmetic average of the first six months of data as a baseline to initialize the exponential smoothing.
a Determine the onestepahead exponential smoothing forecasts for August through December, assuming
b Compare the accuracy of the forecasts obtained in part a with the onestepahead sixmonth movingaverage forecasts determined in Problem
c Comment on the reasons for the result you obtained in part b
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