Use the data given below to answer the following question(s) .
The table provided below gives the sales details of the number of android smart phones at an electronic retail store for the past 6 weeks.The time series appears to be relatively stable, without trend, seasonal, or cyclical effects.The value of k is set at 3.(Hint: Optimize α value.)
-What is the difference between the forecasted and the actual value for the 3ʳᵈ week?
A) 5 phones
B) 6 phones
C) 4 phones
D) 3 phones
Correct Answer:
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Q13: In forecasting, what is an index?
A) It
Q14: If the actual value of a
Q15: The data for the number of hand-held
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