Question: The data below (stored in Drive-Thru Speed) represent the average time (in seconds) it took to be served at the drive-through at McDonald's from 1998
The data below (stored in Drive-Thru Speed) represent the average time (in seconds) it took to be served at the drive-through at McDonald's from 1998 to 2012:
.png)
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 2013?
e. Repeat (c) and (d), using W = 0.25.
f. Compare the results of (d) and (e)?
Drive-Through Drive-Through Year Speed (seconds)Year Speed (seconds) 1999 2000 2001 2002 2003 )(M 2005 177.59 167.02 169.88 170.85 162.72 156.92 32.52 167.90 2006 2007 2008 2009 2010 2011 2012 163.90 167.10 158.77 174.22 179.27 184.20 188.83
Step by Step Solution
3.43 Rating (159 Votes )
There are 3 Steps involved in it
abce bce Year DriveThru Speed MA3 ES W05 ES W025 1998 17759 1775900 1775900 1999 16702 1714967 17230... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
1141-M-S-S-D(4564).docx
120 KBs Word File
