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August 28, 2014

August 28, 2014

Posted by **Shereka Sanders** on Friday, August 20, 2010 at 9:23pm.

Service Agency for past four fiscal years:

20X1 $5,250,000

20X2 $5,500,000

20X3 $6,000,000

20X4 $6,750,000

Forecast personnel expenses for fiscal year 20X5 using moving averages, weighted moving averages, exponential smoothing, and time series regression. For moving averages and weighted moving averages, use only the data for the past three fiscal years. For weighted moving averages, assign a value of 1 to the data for 20X2, a value of 2 to the data for 20X3, and a value of 3 to the data for 20X4. For exponential smoothing, assume that the last forecast for fiscal year 20X4 was $6,300,000.

You decide on the alpha to be used for exponential smoothing. For time series regression, use the data for all four fiscal years. Which forecast will you use? Why?

- What?? -
**Writeacher**, Friday, August 20, 2010 at 10:29pmWhat kind of HELP do you need? You need to be specific when asking questions here.

If all you do is post your entire assignment, nothing will happen since no one here will do your work for you. But if you are specific about what you don't understand about the assignment or exactly what help you need, someone might be able to assist you.

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