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CD Supplement to Chapter 10 Time-Series Forecasting with CB
Predictor
Review Questions
10s-1 CB Predictor uses the raw data to provide the best fit for all these inputs as well as the
forecasts.
Problems
10s.1 a) Best
= 0.1128. Forecast = 50.
Time True
Period Value
151
248
352
449
553
649
748
851 0.1128
950
10 49
11 50
1
2
3
4
5
6
7
8
9
10
11
12
13
A B C D
Time True
Period Value
152
250
353
451
552
648
752
853 0.001
949
10 52
11 52
1
2
3
4
5
6
7
8
9
10
11
12
13
A B C D
Time True
Period Value
150
252
351
455
553
656
752
10s.2 a) Best
= 0.667. Best
= 0.5. Forecast = 76.
c) Best
= 0.8516. Best
= 0.999. Forecast = 80.
CD Supplement to Chapter 10 – Time-Series Forecasting with CB Predictor
1
2
3
4
5
6
7
8
9
10
11
12
13
A B C D
Time True
Period Value
1 382
2 405
3 398 Best Method
4 421 Exp. Smoothing
5 426 with Trend
6 415
7 443
forecasts for the coming year are shown in cells C28:C38 below.
True
Year Month Value
1 Jan 68
1 Feb 71
1 Mar 66
1 Apr 72
1 May 77
1 June 85
1 July 94
1 Aug 96
1 Sep 80
1 Oct 73 0.1428
1 Nov 84
1 Dec 89
2 Jan 75 0.2705
2 Feb 76
2 Mar 81
2 Apr 84 0.999
2 May 85
2 June 99
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
49
50
51
52
53
54
55
57
58
59
A B C D E
True
Year Month Value
1 Jan 352 Best Method
1 Feb 329 Exp. Smoothing
1 Mar 365 With Trend & Seasonality
1 Apr 358
1 May 412
1 June 446 0.5673
1 July 420
1 Aug 471
1 Sep 355 0.0572
1 Oct 312
1 Nov 567
1 Dec 533 0.798
2 Jan 317
2 Feb 331
2 Mar 344
4 Nov 662
4 Dec 581
5 Jan 376.56
5 Feb 376.65
5 Mar 420.17
5 Apr 443.68
5 May 470.68
5 Jul 475.62
5 Aug 552.62
5 Sep 386.58