Please see attached image, I need to create a table showing an exponential smoothing average using the alpha as 0.2 and an assumed forecast for Janaury of year one of 35,000. MonthSalessmoothingJan35,645Feb35,456March31,270April32,129May34,456June35,256July36,218Aug35,456Sept34,250Oct32,156Nov30,125Dec32,275

Introduction: Denote At as the actual value for time period t, and Ft be its forecasted value using…

Answered: Please see attached image, I need to…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Question

100%

Please see attached image, I need to create a table showing an exponential smoothing average using the alpha as 0.2 and an assumed forecast for Janaury of year one of 35,000.

Month
Sales
smoothing
Jan
35,645
Feb
35,456
March
31,270
April
32,129
May
34,456
June
35,256
July
36,218
Aug
35,456
Sept
34,250
Oct
32,156
Nov
30,125
Dec
32,275

Expert Solution

Step by step

Solved in 2 steps with 1 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Time Series Analyses, Forecasting Methods, and Indices$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

Similar questions