FREE Trial

The following table shows a time series over 8 periods, where Y(t) are the original data observations of the...

This problem has been solved!
Do you need an answer to a question different from the above? Ask your question!

Question:

 

Transcribed Image Text:

The following table shows a time series over 8 periods, where Y(t) are the original data observations of the series in each period. The F(t) values in the bottom row are from an exponential smoothing process calibrated with F(1) = Y(1), and an unknown smoothing constant = a. Period Y(t) F(t) 1 2 3 23 17 10 23.000 23.000 19.400 4 21 13.760 5 15 18.104 Using this information, derive the value of a and calculate F(8). 6 12 7 22 8

Expert Answer:

Answer rating: 100% (QA)

To derive the value of the smoothing constant a and calculate F 8 we can use the formula for exp View the full answer


answer-question
Related Book For  answer-question
Essentials of Business Analytics

Essentials of Business Analytics

ISBN: 978-1285187273

1st edition

Authors: Jeffrey Camm, James Cochran, Michael Fry, Jeffrey Ohlmann, David Anderson, Dennis Sweeney, Thomas Williams

See More Books
View Solution
Create a free account to access the answer
Cannot find your solution?
Post a FREE question now and get an answer within minutes. * Average response time.
Posted Date: June 13, 2023 02:29:07
See More Questions

Students also viewed these economics questions

Q:
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
A:
1040 of the sury Internal Reverse Service For the year Jan 1 Dec 31 2012 or other tax your beginning Your first name and initial Ivan 1 If a joint return spouse s first name and initial Incisor Irene......
Q:
Customer-360 Inc is a relatively new entrant in the cloud computing business management software industry, having been in existence for a little over four years. It specializes in providing Web-based...
A:
The detailed......
Q:
A article of Epilepsy Research [Statistical Process Control (SPC): A Simple Objective Method for Monitoring Seizure Frequency and Evaluating Effectiveness of Drug Interventions in Refractory...
A:
a A C chart is appropriate for these data b The process is in control c No signal is reported......
Q:
Taft Corporation operates primarily in the United States. However, a few years ago it opened a plant in Spain to produce merchandise to sell there. This foreign operation has been so successful that...
A:
Revenue Test sales to unaffiliated parties United Stat......
Q:
Consider the balance sheet for the DI listed below: The DI is expecting a $ 15 million net deposit drain. Show the DI's balance sheet under these two conditions: a. The DI purchases liabilities to...
A:
a Assets in millions Liabilities Cash 1......
Q:
Apply nodal analysis to find io and the power dissipated in each resistor in the circuit of Fig. 3.64. Figure 3.64 2 A 10 V 3 S to 6 S 5 S 4 A
A:
Nodes 1 and 2 from a supernode so that v 1 v 2 10......
Q:
In a nickelcadmium battery, the relevant redox reaction is: Does this agree with the EMF series? What are the oxidation states of nickel before and after the reaction? 2 NiO(OH)+Cd + 2 HO 2 Ni(OH)2...
A:
The relevant redox reaction for a nickel cadmium Ni Cd battery is 2NiO OH Cd 2HO 2Ni OH 2 Cd OH 2 Th......
Q:
Corporation issued 100,000 shares of $20 par value, cumulative, 8% preferred stock on January 1, 2009, for $2,100,000. In December 2011, AI declared its first dividend of $500,000. Instructions (a)...
A:
a Cash 2 100 000 Preferred Stock 100 000 X 20 2 000 000 Paid in......
Q:
Write a Java method which accepts a strings and an integer k as parameters. The string s consists of digits ('0' to '9') and wildcards (?). The length of s is at most 8 and the number of wildcards is...
A:
Here s a Java method that solves this problem java public class DivisibleByK public static int countNumbersDivisibleByK String s int k return countDivisibleByK s toCharArray k 0 0 true private static.........
Q:
Hardy Fibre is the creator of Y-Go, a technology that weaves silver into fabrics to kill bacteria and odour on clothing while managing heat. Y-Go has become very popular in undergarments for sports...
A:
a Full capacity is the equivalent of 1 000 000 5 000 000 5 00 units At the current level of 70 an ad......
Q:
a. Which of the following does the Financial Accounting Standards Board not issue? 1. SOPs 2. SFASs 3. Interpretations 4. Technical bulletins 5. SFACs b. According to SFAC No. 6, assets can be...
A:
a Answer 1 SOPs SOPs are the Standard Operating Procedures These are not issued by FASB These are issued by WHO World Health Organisation Financial Ac......
Q:
Creating a treatment plan for an adult client living with musophobia, or the irrational fear of mice. using Systematic Desensitization as your primary strategy, and use at least 10 different levels...
A:
Creating a treatment plan for a client with musophobia fear of mice using systematic desensitization involves gradually exposing the client to mice in a controlled and safe manner while incorporating......
Q:
Conduct a query and find all the abalones collected in Florida. a. File submission: Export the results in a csv file. Name your csv file Firstname_ Lastname_Florida.csv b. You need to use a SQL...
A:
Answer Here s an example SQL query to find all abalo......
Q:
What is the relationship between depression and negative thought patterns? Depression is a result of negative thinking but not a cause of negative thinking. Depression is a cause of, but not a result...
A:
Depression and negative thought patterns often have a bidirectional relationship Depressed moods can......
Q:
What stressors or hassles might someone who suffers from bipolar disorder experience in their life? What measures can someone who has bipolar disorder take in order to reduce stress ? How can someone...
A:
Individuals with bipolar disorder may encounter various stressors or hassles that can exacerbate their condition Some of these stressors include Mood Swings Fluctuations between manic and depressive e......
Q:
What fundamental shift in scientific thinking about sleep was brought about by Aserinsky and Kleiman's discovery of REM-sleep using EEG research in the 1950's?
A:
Aserinsky and Kleitman s discovery of rapid eye movement REM sleep through EEG research in the 1950s......
Q:
Find the coefficient of skewness for each distribution, and describe the shape of the distribution. a) Mean = 11, Median = 7, standard deviation = 5 b) Mean = 42, Medain = 45, standard deviation = 7...
A:
coefficient of 3 11 7 2 4 The coeff of skewnes is......
Q:
A 2500-lbm car moving at 15 mi/h is accelerated at a constant rate of 15 ft/s 2 up to a speed of 50 mi/h. Calculate force and total time required?
A:
dV V dt a V a 50 15 mi......
Q:
Consider again Problem 10. Use equation (9.1) to determine whether your solution to Problem 10 is unique. If your solution is not unique, use equation (9.1) iteratively to find all alternative...
A:
First solution places PBBs in the following counties 8 14 17 19 29 33 35 38 51 55 59 68 75 78 87 Add......
Q:
A put option in finance allows you to sell a share of stock at a given price in the future. There are different types of put options. A European put option allows you to sell a share of stock at a...
A:
a b A 1 European Put Option 2 3 Parameters 4 Cost of Put Option 5 Exercise Price 6 Horizon mont......
Q:
The economic order quantity (EOQ) model is a classical model used for controlling inventory and satisfying demand. Costs included in the model are holding cost per unit, ordering cost, and the cost...
A:
The optimal solution is Q 1 52 223 Q 2 70 065 Q 3 37 689 with a total cost of 25 830 A 1 Const......
Russian Literature Since The Revolution 1st Edition - ISBN: 0674782038 - Free Book