THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the corporate earnings percentage of an enterprise for 5 years.
The company's forecaster uses the 4-period centered moving average to remove the seasonality component.

-If the forecast value,
_t,at time t is a weighted average of the previous period forecast
_t_-1 and the latest observation
_t,write the formula used to compute the simple exponential smoothing forecast.

Question

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the corporate earnings percentage of an enterprise for 5 years.
The company's forecaster uses the 4-period centered moving average to remove the seasonality component.

-If the forecast value,

_t,at time t is a weighted average of the previous period forecast

_t_-1 and the latest observation

_t,write the formula used to compute the simple exponential smoothing forecast.

Quizplus · Accepted Answer

The Answer of THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: The table below shows the corporate earnings percentage of an enterprise for 5 years. The company's forecaster uses the 4-period centered moving average to remove the seasonality component. -If the forecast value, _t,at time t is a weighted average of the previous period forecast _t_-1 and the latest observation _t,write the formula used to compute the simple exponential smoothing forecast.