The number of fishing rods selling each day is given below. Perform analyses of the time series to determine which model should be used for forecasting.Exponential smoothing analysis with A=0.3Which model provides a better fit of the data?Forecast day 13 sales of fishing rods using the model chosen in part (e) DayRods Sold160270311048057068571158105965107511951285

For the every days Data given for rod sold We have to calculate forcast value for week 13 =?

Answered: The number of fishing rods selling each…

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter4: Linear Functions

Section4.3: Fitting Linear Models To Data

Problem 23SE: The US. import of wine (in hectoliters) for several years is given in Table 5. Determine whether the...

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The number of fishing rods selling each day is given below. Perform analyses of the time series to determine which model should be used for forecasting.

Exponential smoothing analysis with A=0.3
Which model provides a better fit of the data?
Forecast day 13 sales of fishing rods using the model chosen in part (e)

Day	Rods Sold
1	60
2	70
3	110
4	80
5	70
6	85
7	115
8	105
9	65
10	75
11	95
12	85

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Exponential smoothing analysis with A=0.3
Which model provides a better fit of the data?
Forecast day 13 sales of fishing rods using the model chosen in part (e)

Day	Rods Sold
1	60
2	70
3	110
4	80
5	70
6	85
7	115
8	105
9	65
10	75
11	95
12	85

Please read the relevant article, found in the VLE, before answering the question. Discuss the process and findings of the study of the article. Suggest a possible study that could be done at your current or past job that could use a similar methodology and analysis.

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