Time Period 1 2 3 4 5 6 7 8 Y₁ 200 210 215 216 219 220 225 226 200 et - Please do all calculations with the accuracy of one decimal digit. 1) Calculate the forecast for period 9, using a five-period moving average MA(5), 2) If simple exponential smoothing with a smoothing constant of alpha=0.4, and the initial forecast 200 is used, the forecast for time period 4? 3) If simple exponential smoothing with a smoothing constant of alpha=0.4, and the initial forecast 200 is used, the forecast for time period 9? 4) Calculate MSE errors for both of the methods. Which method gives a smaller value of the MSE error?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
Time Period
1
2
3
4
5
6
7
8
Y₁
200
210
215
216
219
220
225
226
Ŷ
200
e₁
||||||||
Please do all calculations with the accuracy of one decimal digit.
1) Calculate the forecast for period 9, using a five-period moving average MA(5),
2) If simple exponential smoothing with a smoothing constant of alpha=0.4, and the initial forecast 200 is used, what is
the forecast for time period 4?
3) If simple exponential smoothing with a smoothing constant of alpha=0.4, and the initial forecast 200 is used, what is
the forecast for time period 9?
4) Calculate MSE errors for both of the methods. Which method gives a smaller value of the MSE error?
Transcribed Image Text:Time Period 1 2 3 4 5 6 7 8 Y₁ 200 210 215 216 219 220 225 226 Ŷ 200 e₁ |||||||| Please do all calculations with the accuracy of one decimal digit. 1) Calculate the forecast for period 9, using a five-period moving average MA(5), 2) If simple exponential smoothing with a smoothing constant of alpha=0.4, and the initial forecast 200 is used, what is the forecast for time period 4? 3) If simple exponential smoothing with a smoothing constant of alpha=0.4, and the initial forecast 200 is used, what is the forecast for time period 9? 4) Calculate MSE errors for both of the methods. Which method gives a smaller value of the MSE error?
Expert Solution
steps

Step by step

Solved in 6 steps with 28 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman