Based on the Information Shown Below, Develop Forecasts for June $\alpha$

question 53

Essay

Based on the information shown below, develop forecasts for June using both a 2-period moving average model and an exponential smoothing model with $\alpha$ = 0.10. For the exponential smoothing model, assume the forecast for February was 800.

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Definitions:

Validity

The extent to which a test, tool, or research study measures what it intends to measure.

Verbal Comprehension

The ability to understand and interpret spoken and written language.

Perceptual Reasoning

The ability to use visual information to solve problems, make decisions, and understand spatial relationships.

WISC-IV

The Wechsler Intelligence Scale for Children, Fourth Edition, a tool used to assess the intelligence level of children.