Consider the total production of ice cream

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Reference no: EM132217631

Consider the total production (and sales) of ice cream in Canada (in millions of litres) for the period 1995 until 2007 (from left to right):

314, 331, 317, 315, 321, 278, 298, 311, 302, 302, 335, 320, 285

Fit a model to ice cream production data using each of the following techniques and forecast the 2008 production in each case.

I need to know the following two ansers using this data provided:

C) Exponential Smoothing average with smoothing constant of = 0.2

D) Expontential smoothing average with smoothing constant of = 0.4

Reference no: EM132217631

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