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b) Use Holt's method with a = 0.4 and ß = 0.3 and an initial intercept and slope estimates of So = 40 and Go = 2.5 to forecast sales for weeks 10 to 13.

b) Use Holt's method with a = 0.4 and ß = 0.3 and an initial intercept and slope estimates of So = 40 and Go = 2.5 to forecast sales for weeks 10 to 13.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Note:  I want answer of part b only. Please solve with correct explanation. Solve within 40 minutes.

4. The following data are for calculator sales in units at an electronics store over the past 9 weeks. Week (t) Sales 1 46 2 49 3 43 4 50 53 58 7 62 8 56 9. 63 a) Use trend projection with regression to forecast sales for weeks 10 to 13. b) Use Holt's method with a = 0.4 and ß So = 0.3 and an initial intercept and slope estimates of = 40 and Go = 2.5 to forecast sales for weeks 10 to 13.
Transcribed Image Text:4. The following data are for calculator sales in units at an electronics store over the past 9 weeks. Week (t) Sales 1 46 2 49 3 43 4 50 53 58 7 62 8 56 9. 63 a) Use trend projection with regression to forecast sales for weeks 10 to 13. b) Use Holt's method with a = 0.4 and ß So = 0.3 and an initial intercept and slope estimates of = 40 and Go = 2.5 to forecast sales for weeks 10 to 13.
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