The US monthly infation rate for 2018 is shown below 537 MONTH INPLATION () 2.1 January February 2.2 March 2.4 Apri 2.5 May June PR 2.8 2.9 Compute the inflation rate for January 2019 using t exponential smoothing forecast using a 0.2 and then using 0.5. Assume that the forecast for January 2018 is 2.1. De not round intermediate s Aund your answers to three decimal places Forecast Denuary 2019-02) 2.351 Forecast Canuary 2019,-0.5) 2.727 What is the MAD for the forecasts generated using exponential smoothing method? HAD (2) 360 PA MAD (-0.5) which method is better? The exponential smoothing with a smoothing constant of 6.5 MONTH INFLATION () July 3.0 August 2.7 September October November December 2.3 2.5 2.2 1.9 months from March to December Do not round intermediate calculations. Round your answers to three decimal plass is better because it provides a lower MAD
The US monthly infation rate for 2018 is shown below 537 MONTH INPLATION () 2.1 January February 2.2 March 2.4 Apri 2.5 May June PR 2.8 2.9 Compute the inflation rate for January 2019 using t exponential smoothing forecast using a 0.2 and then using 0.5. Assume that the forecast for January 2018 is 2.1. De not round intermediate s Aund your answers to three decimal places Forecast Denuary 2019-02) 2.351 Forecast Canuary 2019,-0.5) 2.727 What is the MAD for the forecasts generated using exponential smoothing method? HAD (2) 360 PA MAD (-0.5) which method is better? The exponential smoothing with a smoothing constant of 6.5 MONTH INFLATION () July 3.0 August 2.7 September October November December 2.3 2.5 2.2 1.9 months from March to December Do not round intermediate calculations. Round your answers to three decimal plass is better because it provides a lower MAD
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.3: Linear Functions And Slope
Problem 105E
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