Here's a table with average monthly price of a stock from Jan 2021-July 2021. Month Price Jan 29000 Feb 27000 Mar 31000 Apr 30000 May 32000 June 28000 July 29000 Using a 3-period weighted moving average with weights (wt, wt-1, wt-2) = (0.6, 0.2, 0.2), the predicted price August is Using an exponential smoothing model with = 0.4, and with the initial predicted price for Jan the same as the observed price for January, the predicted price for August is % Now, let's suppose that we finally observe that the price for August is 30000. The absolute percent error (APE) of your prediction for August is using the weighted moving average method and % using the exponential smoothing model. (Note: Round your answer to the nearest 2 decimal places. For your APE answer for example let's say you get 0.06786 from Excel, then you should type-in 6.79 as your answer here since it is represented as percentage. Do not enter any symbols other than integers and decimal.)

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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Here’s a table with the average monthly price of a stock from Jan 2021 - July 2021.

| Month | Price |
|-------|-------|
| Jan   | 29000 |
| Feb   | 27000 |
| Mar   | 31000 |
| Apr   | 30000 |
| May   | 32000 |
| June  | 28000 |
| July  | 29000 |

Using a **3-period weighted moving average** with weights \((w_t, w_{t-1}, w_{t-2}) = (0.6, 0.2, 0.2)\), the predicted price for August is \[      \].

Using an **exponential smoothing model** with \(\alpha = 0.4\), and with the initial predicted price for Jan being the same as the observed price for January, the predicted price for August is \[      \].

Now, let’s suppose that we finally observe that the price for August is 30000. The **absolute percent error (APE)** of your prediction for August is \[      \]% using the weighted moving average method and \[      \]% using the exponential smoothing model.

**Note:** Round your answer to the nearest 2 decimal places. For your APE answer, for example, let’s say you get 0.06786 from Excel, then you should type in 6.79 as your answer here since it is represented as a percentage. Do not enter any symbols other than integers and decimal.
Transcribed Image Text:Here’s a table with the average monthly price of a stock from Jan 2021 - July 2021. | Month | Price | |-------|-------| | Jan | 29000 | | Feb | 27000 | | Mar | 31000 | | Apr | 30000 | | May | 32000 | | June | 28000 | | July | 29000 | Using a **3-period weighted moving average** with weights \((w_t, w_{t-1}, w_{t-2}) = (0.6, 0.2, 0.2)\), the predicted price for August is \[ \]. Using an **exponential smoothing model** with \(\alpha = 0.4\), and with the initial predicted price for Jan being the same as the observed price for January, the predicted price for August is \[ \]. Now, let’s suppose that we finally observe that the price for August is 30000. The **absolute percent error (APE)** of your prediction for August is \[ \]% using the weighted moving average method and \[ \]% using the exponential smoothing model. **Note:** Round your answer to the nearest 2 decimal places. For your APE answer, for example, let’s say you get 0.06786 from Excel, then you should type in 6.79 as your answer here since it is represented as a percentage. Do not enter any symbols other than integers and decimal.
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