A time series is shown below. Perform single exponential ...

[09madisonrousseau09]

A time series is shown below. Perform single exponential smoothing for this data set using  = 0.2
 
  Period Y
  1 28
  2 32
  3 31
  4 35
  5 36
  6 40
 
  What is the value of the forecast for period 6?
  A) 40
  B) 36
  C) 31.5
  D) 33.2

Question 2

The Zocor Company is interested in forecasting period 13 sales for a product. It has 12 months of historical data.
 
  The following shows the data and the forecasted values for periods 1-12 using a single exponential smoothing model with a smoothing constant value equal to 0.20.
 
  Month Sales Forecast
  for Period t
  1 20 20.0
  2 40 20.0
  3 30 24.0
  4 20 25.2
  5 50 24.2
  6 30 29.3
  7 50 29.5
  8 10 33.6
  9 60 28.9
  10 50 35.1
  11 30 38.1
  12 50 36.5
 
  Which of the following would be the forecast for period 13?
  A) 40.3
  B) 39.2
  C) 34.7
  D) 36.5

[kjo;oj]

Answer to Question 1

C

Answer to Question 2

B

[09madisonrousseau09]

Thank you

[kjo;oj]

No problemo