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Tags
#m249 #mathematics #open-university #statistics #time-series
Question
In simple exponential smoothing satisfying the formula:
\(\hat{x}_{n+1}\) = αxn + (1 − α)\(\hat{x}_n\)
if α =1, then \(\hat{x}_{n+1}\) = xn, so the 1-step ahead forecast is just the [...] value.
Answer
current

Tags
#m249 #mathematics #open-university #statistics #time-series
Question
In simple exponential smoothing satisfying the formula:
\(\hat{x}_{n+1}\) = αxn + (1 − α)\(\hat{x}_n\)
if α =1, then \(\hat{x}_{n+1}\) = xn, so the 1-step ahead forecast is just the [...] value.
Answer
?

Tags
#m249 #mathematics #open-university #statistics #time-series
Question
In simple exponential smoothing satisfying the formula:
\(\hat{x}_{n+1}\) = αxn + (1 − α)\(\hat{x}_n\)
if α =1, then \(\hat{x}_{n+1}\) = xn, so the 1-step ahead forecast is just the [...] value.
Answer
current
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In simple exponential smoothing satisfying the formula: \hat{x}_{n+1} = αx n + (1 − α)\hat{x}_n if α =1, then \hat{x}_{n+1} = x n , so the 1-step ahead forecast is just the current value.

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