Course Solutions Uncategorized (Answered) : Table Shows Temperature Degrees C 11 Pm Last Ten Days Day 1 2 3 4 5 6 7 8 9 10 Temperature Q35421209

(Answered) : Table Shows Temperature Degrees C 11 Pm Last Ten Days Day 1 2 3 4 5 6 7 8 9 10 Temperature Q35421209

June 27, 2024June 27, 2024| adminadmin| 0 Comment| 6:52 pm
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The table below shows the temperature (degrees C), at 11p.m., over the last ten days:

       Day        1   2   3   4  5    6    7   8    9   10

        Temperature 1.52.3 3.7 3.0 1.4 -1.3 -2.4 -3.7 -0.5 1.3

a) Calculate a three day moving average for eachday.

b) What would be your forecast for the temperature at 11p.m. on day 11?

c) Apply exponential smoothing with a smoothing constantof 0.8 to derive a forecast for the temperature at 11 p.m. on day11.

c) Which of the two forecasts for the temperature at 11p.m. on day 11 do you prefer and why?

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