Tags
#m249 #mathematics #open-university #statistics #time-series
Question
The 1-step ahead forecast error at time t, which is denoted et, is the diﬀerence between the observed value and the 1-step ahead forecast of Xt:
et = xt - $$\hat{x}_t$$
The sum of squared errors, or SSE, is given by

SSE = $$\large \sum_{t=1}^ne_t^2 = \sum_{t=1}^n(x_t-\hat{x}_t)^2$$

Given observed values x1 ,x2 ,...,xn ,the optimal value of the smoothing parameter α for simple exponential smoothing is the value that [...].
minimizes the sum of squared errors

Tags
#m249 #mathematics #open-university #statistics #time-series
Question
The 1-step ahead forecast error at time t, which is denoted et, is the diﬀerence between the observed value and the 1-step ahead forecast of Xt:
et = xt - $$\hat{x}_t$$
The sum of squared errors, or SSE, is given by

SSE = $$\large \sum_{t=1}^ne_t^2 = \sum_{t=1}^n(x_t-\hat{x}_t)^2$$

Given observed values x1 ,x2 ,...,xn ,the optimal value of the smoothing parameter α for simple exponential smoothing is the value that [...].
?

Tags
#m249 #mathematics #open-university #statistics #time-series
Question
The 1-step ahead forecast error at time t, which is denoted et, is the diﬀerence between the observed value and the 1-step ahead forecast of Xt:
et = xt - $$\hat{x}_t$$
The sum of squared errors, or SSE, is given by

SSE = $$\large \sum_{t=1}^ne_t^2 = \sum_{t=1}^n(x_t-\hat{x}_t)^2$$

Given observed values x1 ,x2 ,...,xn ,the optimal value of the smoothing parameter α for simple exponential smoothing is the value that [...].
minimizes the sum of squared errors
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is given by SSE = $$\large \sum_{t=t}^ne_t^2 = \sum_{t=t}^n(x_t-\hat{x}_t)^2$$ Given observed values x 1 ,x 2 ,...,x n ,the optimal value of the smoothing parameter α for simple exponential smoothing is the value that <span>minimizes the sum of squared errors.<span><body><html>

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