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Use the Seaport data set below, a = 0.2, and ẞ = 0.4 to calculate the adjusted exponential smoothing forecast for the number of ships that will visit the port in January 2021. Assume the forecast component for July to be the actual value of July minus the initial trend. Let the initial trend be 20 ships. Round your answer to two decimal places, if necessary. 2020 Month July Number of Ships 744 August 791 September 810 October 581 November 855 December 920

Use the Seaport data set below, a = 0.2, and ẞ = 0.4 to calculate the adjusted exponential smoothing forecast for the number of ships that will visit the port in January 2021. Assume the forecast component for July to be the actual value of July minus the initial trend. Let the initial trend be 20 ships. Round your answer to two decimal places, if necessary. 2020 Month July Number of Ships 744 August 791 September 810 October 581 November 855 December 920

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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Use the Seaport data set below, a = 0.2, and ẞ = 0.4 to calculate the adjusted exponential smoothing forecast for the number of ships that will visit the port in January 2021. Assume the forecast component for July to be the actual value of July minus the initial trend. Let the initial trend be 20 ships. Round your answer to two decimal places, if necessary. 2020 Month July Number of Ships 744 August 791 September 810 October 581 November 855 December 920
Transcribed Image Text:Use the Seaport data set below, a = 0.2, and ẞ = 0.4 to calculate the adjusted exponential smoothing forecast for the number of ships that will visit the port in January 2021. Assume the forecast component for July to be the actual value of July minus the initial trend. Let the initial trend be 20 ships. Round your answer to two decimal places, if necessary. 2020 Month July Number of Ships 744 August 791 September 810 October 581 November 855 December 920
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