STAT TECH IN BUSINESS & ECON AC
STAT TECH IN BUSINESS & ECON AC
18th Edition
ISBN: 9781264731657
Author: Lind
Publisher: MCG
Question
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Chapter 18, Problem 9E

a.

To determine

To draw: The graph of the provided time series data and draw the observations.

b.

To determine

To calculate: All possible forecasts using a smoothing coefficient α of 0.3 .

c.

To determine

To calculate: The MAD

d.

To determine

To calculate: The forecast demand for period 11 using a smoothing coefficient α of 0.3 .

e.

To determine

To calculate: The error associated with eleventh-period forecast.

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Q5 Pls help with steps and answers. Thank you.
No need to answer everything! Just plot the actual visitors and the forecasts. Compare the accuracy of the forecasts in the 1985 to 1990 period with those subsequent to that period.
17 see picture to solve
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