3. The following data show the number of issues from Initial Public Offerings (IPOS) from 1985 through 1997 released by the Securities Data Company. Use these data to forecast the number of issues for 1998 using exponential smoothing techniques with (a) @ = .1, and (b) o = .8. Use the value for 1985 as the forecast for 1986. Show the complete table of intermediate forecasts (1986 – 1997) which lead to your forecast for 1998 for both (a) and (b) %3D Year 1985 1986 Number of Issues 323 692 1987 1988 1989 518 222 205 1990 172 1991 366 1992 512 1993 1994 667 571 1995 575 1996 1997 856 609 Which o worked better? Why? (look at MSE)
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Please please solve all parts of the question. Thank you so much.
![3. The following data show the number of issues from Initial Public Offerings (IPOS) from
1985 through 1997 released by the Securities Data Company. Use these data to forecast
the number of issues for 1998 using exponential smoothing techniques with (a) @ = .1,
and (b) @ = .8. Use the value for 1985 as the forecast for 1986. Show the complete table
of intermediate forecasts (1986 – 1997) which lead to your forecast for 1998 for both (a)
and (b)
%3D
Year
Number of Issues
1985
323
1986
692
1987
518
1988
222
1989
205
1990
172
1991
366
1992
512
1993
667
1994
571
1995
575
1996
856
1997
609
Which o worked better? Why? (look at MSE)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F43846662-d17f-42f4-b018-2afa0d77e25c%2Fc24c3393-6a09-4efb-a1f5-8af9272e46d9%2Fmr08fq_processed.jpeg&w=3840&q=75)
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