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of 8 months. Use the Holt-Winters procedure with smoothing constants a = 0.4 and B= 0.6 to obtain forecasts for the next 3 months. Hourly Earnings 10.87 Month 9. Month Hourly Earnings 10.93 10 1 10.49 2 10.77 11 10.98 10.41 (Round to two decimal places as needed.) 4 10.56 10.66 10.74 6 7 10.76 8 10.85

of 8 months. Use the Holt-Winters procedure with smoothing constants a = 0.4 and B= 0.6 to obtain forecasts for the next 3 months. Hourly Earnings 10.87 Month 9. Month Hourly Earnings 10.93 10 1 10.49 2 10.77 11 10.98 10.41 (Round to two decimal places as needed.) 4 10.56 10.66 10.74 6 7 10.76 8 10.85

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
Problem 1P
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The table below shows manufacturing hourly earnings for a region over a period of 8 months. Use the Holt-Winters procedure with smoothing constants a = 0.4 and ß= 0.6 to obtain forecasts for the next 3 months. Find the forecasted values for the next three months. Complete the table below. Month Hourly Earnings 10.87 Month Hourly Earnings 10.93 10 1 10.49 2 10.77 11 10.98 3 10.41 (Round to two decimal places as needed.) 4 10.56 10.66 6 10.74 7 10.76 8 10.85
Transcribed Image Text:The table below shows manufacturing hourly earnings for a region over a period of 8 months. Use the Holt-Winters procedure with smoothing constants a = 0.4 and ß= 0.6 to obtain forecasts for the next 3 months. Find the forecasted values for the next three months. Complete the table below. Month Hourly Earnings 10.87 Month Hourly Earnings 10.93 10 1 10.49 2 10.77 11 10.98 3 10.41 (Round to two decimal places as needed.) 4 10.56 10.66 6 10.74 7 10.76 8 10.85
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