(b) Use a = 0.2 to compute the exponential smoothing forecasts for the time series. (Round your answers to two decimal places.)Time Series ValueMonth tForecast F,Yt1105213531204105901207145814010010801110012110 The following time series shows the sales of a particular product over the past 12 months.MonthSales110513512041055906.1207145814010010801110012110

Introduction: Denote Yt as the actual value for time period t, and Ft be its forecasted value using…

(b) Use a = 0.2 to compute the exponential smoothing forecasts for the time series. (Round your answers to two decimal places.) Time Series Value Month t Forecast F, 1 105 2 135 120 4 105 5 90 120 7 145 8 140 100 10 80 11 100 12 110

(b) Use a = 0.2 to compute the exponential smoothing forecasts for the time series. (Round your answers to two decimal places.) Time Series Value Month t Forecast F, 1 105 2 135 120 4 105 5 90 120 7 145 8 140 100 10 80 11 100 12 110

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

(b) Use a = 0.2 to compute the exponential smoothing forecasts for the time series. (Round your answers to two decimal places.)
Time Series Value
Month t
Forecast F,
Yt
1
105
2
135
3
120
4
105
90
120
7
145
8
140
100
10
80
11
100
12
110

The following time series shows the sales of a particular product over the past 12 months.
Month
Sales
1
105
135
120
4
105
5
90
6.
120
7
145
8
140
100
10
80
11
100
12
110

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