THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 97

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the corporate earnings percentage of an enterprise for 5 years.
The company's forecaster uses the 4-period centered moving average to remove the seasonality component.

-If the forecast value,
_t,at time t is a weighted average of the previous period forecast
_t-1 and the latest observation
_t,write the formula used to compute the simple exponential smoothing forecast.

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Definitions:

Glycogen

A form of glucose storage in the body, primarily found in the liver and muscle tissues, serving as a key energy reservoir.

Glucose

A simple sugar that is an important energy source in living organisms and is a component of many carbohydrates.

Fasting

The act of voluntarily abstaining from some or all food, drink, or both, for a period of time.

Liver

A large vital organ in vertebrates involved in numerous metabolic processes, including detoxification, protein synthesis, and the production of biochemicals necessary for digestion.