(b) Use a = 0.4 to compute the exponential smoothing forecasts for the time series. (Round your answers to two decimal places.)Time Series ValueMonth tForecast F,Y11052135105120111105108.690101.61207145814010010801110012110 The following time series shows the sales of a particular product over the past 12 months.MonthSales11052135312041059061207145814010010801110012110

We know that ; Formula for Exponential Smoothing Forecast = Ft+1=αYt + (1-α)Ft Given α=0.4 1] For…

(b) Use a = 0.4 to compute the exponential smoothing forecasts for the time series. (Round your answers to two decimal places.) Time Series Value Forecast F, Month t 1 105 135 105 120 111 105 108.6 5. 90 101.6 120 7 145 8. 140 100 10 80 11 100 12 110 6.

(b) Use a = 0.4 to compute the exponential smoothing forecasts for the time series. (Round your answers to two decimal places.) Time Series Value Forecast F, Month t 1 105 135 105 120 111 105 108.6 5. 90 101.6 120 7 145 8. 140 100 10 80 11 100 12 110 6.

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

100%

(b) Use a = 0.4 to compute the exponential smoothing forecasts for the time series. (Round your answers to two decimal places.)
Time Series Value
Month t
Forecast F,
Y
1
105
2
135
105
120
111
105
108.6
90
101.6
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
2
135
3
120
4
105
90
6
120
7
145
8
140
100
10
80
11
100
12
110

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