Monday Tue Wed Thur Fri Tue Wed Thur mon 2144 2160 2152 2148 2138 2140 2140 2136 2142 (i) Draw a time plot (ii) Using a smoothing coefficient of w-0.2, exponential smooth the series( (111) Using a smoothing coefficient of w-0.5 exponentially smooth the series (iv) Plot the exponentially smoothed values on the same axis when w- 0.5 and w-0.2 (v) What is the exponentially smoothed forecast for Friday second week when w-0.5 and when w-0.2

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Monday Tue
Wed
Thur
Fri
2138
mon
Tue
Wed
Thur
2144
2160
2152
2148
2140
2140
2136
2142
(i) Draw a time plot
(ii) Using a smoothing coefficient of w-0.2, exponential smooth the seriest
(i11) Using a smoothing coefficient of w-0.5 exponentially smooth the seriest
(iv) Plot the exponentially smoothed values on the same axis when w-0.5 and w-0.2
(v) What is the exponentially smoothed forecast for Friday second week when w-0.5
and when w-0.2
Transcribed Image Text:Monday Tue Wed Thur Fri 2138 mon Tue Wed Thur 2144 2160 2152 2148 2140 2140 2136 2142 (i) Draw a time plot (ii) Using a smoothing coefficient of w-0.2, exponential smooth the seriest (i11) Using a smoothing coefficient of w-0.5 exponentially smooth the seriest (iv) Plot the exponentially smoothed values on the same axis when w-0.5 and w-0.2 (v) What is the exponentially smoothed forecast for Friday second week when w-0.5 and when w-0.2
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