Stock exchange
Membership on a stock exchange for five years is given below: $$\begin{array} { | c | c | }
\hline \text { Year } & \text { Members } \
\hline 1996 & 520 \
1997 & 510 \
1998 & 505 \
1999 & 508 \
2000 & 512 \
\hline
\end{array}$$
-Use the exponential smoothing procedure to obtain estimates of the trend (this is not the logarithm approach here).Set the smoothed value for 1996 equal to the actual and use a smoothing constant, $\alpha$ = 0.4.Compute the forecasted value for 2000.

Question

Stock exchange
Membership on a stock exchange for five years is given below: $$\begin{array} { | c | c | } 
\hline \text { Year } & \text { Members } \
\hline 1996 & 520 \
1997 & 510 \
1998 & 505 \
1999 & 508 \
2000 & 512 \
\hline
\end{array}$$
-Use the exponential smoothing procedure to obtain estimates of the trend (this is not the logarithm approach here).Set the smoothed value for 1996 equal to the actual and use a smoothing constant, $\alpha$ = 0.4.Compute the forecasted value for 2000.

Quizplus · Accepted Answer

The Answer of Stock exchange
Membership on a stock exchange for five years is given below: $$\begin{array} { | c | c | } 
\hline \text { Year } & \text { Members } \
\hline 1996 & 520 \
1997 & 510 \
1998 & 505 \
1999 & 508 \
2000 & 512 \
\hline
\end{array}$$
-Use the exponential smoothing procedure to obtain estimates of the trend (this is not the logarithm approach here).Set the smoothed value for 1996 equal to the actual and use a smoothing constant, $\alpha$ = 0.4.Compute the forecasted value for 2000.

Stock Exchange Membership on a Stock Exchange for Five Years

Stock Exchange
Membership on a Stock Exchange for Five Years