Question: The data below (stored in DesktopLaptop ) represent the hours per day spent by American desktop/laptop users from 2008 to 2014. a. Plot the time
The data below (stored in DesktopLaptop ) represent the hours per day spent by American desktop/laptop users from 2008 to 2014.
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a. Plot the time series.
b. Fit a three-year moving average to the data and plot the results.
c. Using a smoothing coefficient of W = 0.50, exponentially smooth the series and plot the results.
d. What is your exponentially smoothed forecast for 2015?
e. Repeat (c) and (d), using W = 0.25.
f. Compare the results of (d) and (e).
g. What conclusions can you reach about desktop/laptop use by American users?
Hours per Day Year 2012 2013 2014 Hours per Da Year 2008 2009 2010 2011 2.2 2.3 2.4 2.6 2.5 2.3 2.4
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abce bce d W 05 23953 W 025 23749 f The exponentially smoothed forecas... View full answer
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