Use exponential smoothing with a smoothing constant of 2

Assignment Help Basic Statistics
Reference no: EM13576641

Question: The yield on a general obligation bond for the city of Davenport fluctuates withthe market.The monthly quotations for 2006 are given in Table shown below:

Month             Actual Value Y bar

January                9.29
February              9.99
March                  10.16
April                    10.25
May                     10.61
June                    11.07
July                     11.52
August                11.09
September          10.8
October               10.5
November           10.86
December             9.97

Use exponential smoothing with a smoothing constant of .2 and an initial value of 9.29 to forecast the yield for January 2007.

Is this forecast better than the forecast made using the better moving average model? Why? Explain your answer, support with numbers.

Reference no: EM13576641

Questions Cloud

The reaction times for a random sample of 9 subjects to a : the reaction times for a random sample of 9 subjects to a stimulant were recorded as 2.5 3.6 3.1 4.3 2.9 2.3 2.6 4.1
Calculate all forecasting smoothing methods that you know : the triton energy corporation explores for and produces oil and gas. company president gail freeman wants to have her
If x1 and x2 are independent random variables x1 has a : if x1 and x2 are independent random variables x1 has a chi-square distribution with 3 degrees of freedom and x1 x2 has
The hughes supply company uses an inventory management : question the hughes supply company uses an inventory management method to determine the monthly demands for various
Use exponential smoothing with a smoothing constant of 2 : question the yield on a general obligation bond for the city of davenport fluctuates withthe market.the monthly
The demand values for the 12 months of 2006 for one : question 1 the yield on a general obligation bond for the city of davenport fluctuates withthe market.the monthly
The following data are direct solar intensity measurements : the following data are direct solar intensity measurements wattsm2 on different days at a location in southern spain
50 33 and 48 students are selected from the sophomore : 50 33 and 48 students are selected from the sophomore junior and senior classes with 496 348 and 481 students
Calculate the sample mean sample variance and standard : the nine measurements that follow are furnace temperatures recorded on successive batches in a semiconductor

Reviews

Write a Review

Basic Statistics Questions & Answers

  Probability that the quarter has high productivity growth

Suppose that a quarter is randomly selected, what is the probability that this quarter has high productivity growth and has a large pay increase?

  Develop forecast of enrollment using exponential smoothing

Develop a forecast of enrollment next semester using exponential smoothing with a a= 0.2. Assume that an initial forecast for the first semester was 120 (so the forecast and the actual were the same.)

  Ashland multicomm service case problem

Suppose that by the end of 2009, that percentage was 85%. If a sample of 10 U.S. adults is selected, what is the probability that:

  Find effect size for study by steps of hypothesis testing

Use the steps of hypothesis testing, (b) figure the effect size for the study; and (c) explain your answers to parts (a) and (b) to someone who has never had.

  Determining the p-value

At the 5 percent level of significance, can we conclude that the mean weight is greater than 16 ounces? Determine the  p- value.

  Standard error for the proportion

Let p represent the proportion of registered voters in the state that would vote for the Republican candidate. The standard error for the proportion of those who phoned in who answered "yes" is

  Does data support the researchers relevant hypothesis

Does this data support the researchers' hypothesis? Test the relevant hypotheses using α = .10 by first calculating a P-value.

  Probability to forecast opponent the winner of race

Johnny Comlatey has 53% of votes among all voters in two-way race. Probability that newspaper's poll of 380 voters would forecast Johnny Comlatey's opponent the winner is?

  Confidence interval about population mean

Place a 95% confidence interval about the population mean number of down hours per month.

  Determining significance level and p-value

She decided to investigate and gather the following sample information. Would it be reasonable for her to conclude that union nurses earn more? Use the .02 significance level. What is the p value?

  Reporting a p-value for an ophthalmologist reviews

If, 20 patients improved, 7 declined, and 3 remained the same, assess whether or not patients undergoing this treatment are showing significant change from baseline to 3 months afterward. Report a p-value.

  Hypothesis testing-confidence interval-population means

For any hypothesis test, if the value of a parameter being tested falls outside the confidence interval for the same level of a, the correct decision is to reject the null hypothesis. Is this True or False?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd