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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 α = 0.4 and B=0.4 to obtain forecasts for the next 3 months. Month 1 2 3 4 5 6 7 8 Hourly Earnings 10.54 10.67 10.43 10.59 10.67 10.78 10.76 10.84 Find the forecasted values for the next three months. Complete the table below. Month 9 10 Hourly Earnings 11 (Round to two decimal places as needed.)

The table below shows manufacturing hourly earnings for a region over a period of 8 months. Use the Holt-Winters procedure with smoothing constants α = 0.4 and B=0.4 to obtain forecasts for the next 3 months. Month 1 2 3 4 5 6 7 8 Hourly Earnings 10.54 10.67 10.43 10.59 10.67 10.78 10.76 10.84 Find the forecasted values for the next three months. Complete the table below. Month 9 10 Hourly Earnings 11 (Round to two decimal places as needed.)

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 α = 0.4 and B = 0.4 to obtain forecasts for the next 3 months. Month 1234 4 567c 8 Hourly Earnings 10.54 10.67 10.43 10.59 10.67 10.78 10.76 10.84 C Find the forecasted values for the next three months. Complete the table below. Month 9 10 Hourly Earnings 11 (Round to two decimal places as needed.)
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 α = 0.4 and B = 0.4 to obtain forecasts for the next 3 months. Month 1234 4 567c 8 Hourly Earnings 10.54 10.67 10.43 10.59 10.67 10.78 10.76 10.84 C Find the forecasted values for the next three months. Complete the table below. Month 9 10 Hourly Earnings 11 (Round to two decimal places as needed.)
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