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    Exam 17: Time Series Forecasting and Index Numbers
  5. Question
    Consider the Following Data
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Consider the Following Data

Question 80

Question 80

Short Answer

Consider the following data.
Consider the following data.    Calculate S<sub>3</sub> using simple exponential smoothing if S<sub>1</sub> = 18.6 and α = .2. Calculate S3 using simple exponential smoothing if S1 = 18.6 and α = .2.

Correct Answer:

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S3 = 19.06
S2 = (.2)(2...

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