c) When an exponential smoothing model is used with a smoothing parameter alpha of 0.80 and an April forecast is 150, what is the forecast on the sales in May. (Hint: F+1 = aYt+ (1 - a)F). For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I Paragraph Arial 10pt x2 X. ST I 99 田田国 H HE E <> !!

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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3. Below you are given the first four values of a monthly time series of sales. You want to predict the sales of May based
the time series data.
Month
Time Series Value Yt
January
120
February
135
March
150
April
175
Transcribed Image Text:3. Below you are given the first four values of a monthly time series of sales. You want to predict the sales of May based the time series data. Month Time Series Value Yt January 120 February 135 March 150 April 175
c) When an exponential smoothing model is used with a smoothing parameter alpha of 0.80 and an April forecast is 150, what is the forecast on the sales in May. (Hint: F#1=aYt+(1-a)Ft),
For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
BIUS
Arial
10pt
A V
...
Paragraph
v2 X,
ABC
EX
3B HE
<>
!!! C
!!!
Transcribed Image Text:c) When an exponential smoothing model is used with a smoothing parameter alpha of 0.80 and an April forecast is 150, what is the forecast on the sales in May. (Hint: F#1=aYt+(1-a)Ft), For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Arial 10pt A V ... Paragraph v2 X, ABC EX 3B HE <> !!! C !!!
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