The Number of Pizzas Ordered on Friday Evenings Between 5:30

question 32

Essay

The number of pizzas ordered on Friday evenings between 5:30 and 6:30 at a pizza delivery location for the last 10 weeks is shown below. Use exponential smoothing with smoothing constants of .2 and .8 to forecast a value for week 11. Compare your forecasts using MSE. Which smoothing constant would you prefer?
58, 46, 55, 39, 42, 63, 54, 55, 61, 52

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Definitions:

Social Reorientation

A process that begins in middle childhood, when children expand their focus and engagement from the family to the peer group.

Coregulation

A process where two or more individuals, such as a parent and child, adjust their behavior and emotions in response to each other to maintain a balanced relationship.

Coercive Family Interaction

Negative family communication patterns characterized by pressure, manipulation, or force to control other family members.

Socioeconomic Class

A categorization of individuals or families based on their economic status, reflected by income, education, and occupation.