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The temperature in Chicago has been recorded for the past seven days. You are given the information below.
a.Produce exponential smoothing forecasts for the series using a smoothing constant of .2.
b.Compute the mean square error for the forecasts produced with a smoothing constant of .2.
c.What is the forecasted temperature for day 8?
d.Is a smoothing constant of .2 or .3 better for the temperature data? Explain.
Homo Sapiens
The species to which all modern human beings belong and the only extant member of the genus Homo.
Shorter Body Form
A physical adaptation where the body shape is more compact, often as an evolutionary response to environmental factors.
Rounder Skull
A description of a cranium shape that is more globular or spherical, often assessed in studies of human evolution and variation.
Placental Mammal
Mammal in which maternal and embryonic bloodstreams exchange materials by means of a placenta.
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