Using the DJIA data in Problem 5-41 and exponential smoothing with trend adjustment, forecast the opening DJIA

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Using the DJIA data in Problem 5-41 and exponential smoothing with trend adjustment, forecast the opening DJIA value for 2014. Use a = 0.8 and b = 0.2. Compare the MSE for this technique with the MSE for the trend line.

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Quantitative Analysis for Management

ISBN: 978-0134543161

13th edition

Authors: Barry Render, Ralph M., Jr. Stair, Michael E. Hanna, Trevor S. Hale

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Question Posted: Aug 07, 2017 09:40 AM

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Using the DJIA data in Problem 5-41 and exponential smoothing with trend adjustment, forecast the opening DJIA

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Using QM for Windows the forecast is 13401800 and the MSE 2...View the full answer

Quantitative Analysis for Management

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