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Use exponential smoothing with smoothing constant 0.4 to complete the table. b) Forecast the next Aetna stock closing value and find the boundaries for values within 1 MAE of the forecast. t      Yt            Ft        et 1      4.09  2     6.07 3     5.40 4     7.48 5     8.31

Use exponential smoothing with smoothing constant 0.4 to complete the table. b) Forecast the next Aetna stock closing value and find the boundaries for values within 1 MAE of the forecast. t      Yt            Ft        et 1      4.09  2     6.07 3     5.40 4     7.48 5     8.31

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Daily time series data are collected for
Aetna stock closing values (referenced
to 100).


a) Use exponential smoothing with
smoothing constant 0.4 to complete
the table.


b) Forecast the next Aetna stock closing
value and find the boundaries for
values within 1 MAE of the forecast.
t      Yt            Ft        et
1      4.09 
2     6.07
3     5.40
4     7.48
5     8.31

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