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Author Question: In a single exponential smoothing model, finding the forecast value for each period requires having ... (Read 91 times)

pragya sharda

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In a single exponential smoothing model, finding the forecast value for each period requires having the actual and forecast values from the proceeding period.
 
  This is not possible for the first period, so for the first period one should use the actual value as the forecast value. Indicate whether the statement is true or false

Question 2

We expect virtually all the data in a stable process to fall within 2 standard deviations of the mean.
 
  Indicate whether the statement is true or false



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jackie

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Answer to Question 1

TRUE

Answer to Question 2

FALSE




pragya sharda

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


smrtceo

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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