Exhibit 13-3
The quarterly numbers of applications for home mortgage loans at a branch office of a large bank are recorded in the table below.

-Refer to Exhibit 13-3.Obtain a simple exponential smoothing forecast again,this time optimizing the smoothing constant.Does it make much of an improvement

Question

Exhibit 13-3
The quarterly numbers of applications for home mortgage loans at a branch office of a large bank are recorded in the table below.
 
-Refer to Exhibit 13-3.Obtain a simple exponential smoothing forecast again,this time optimizing the smoothing constant.Does it make much of an improvement

Quizplus · Accepted Answer

The Answer of Exhibit 13-3
The quarterly numbers of applications for home mortgage loans at a branch office of a large bank are recorded in the table below.
 
-Refer to Exhibit 13-3.Obtain a simple exponential smoothing forecast again,this time optimizing the smoothing constant.Does it make much of an improvement

Exhibit 13-3 the Quarterly Numbers of Applications for Home Mortgage Loans at Loans