Forecasting methods using exponential smoothing
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If equilibrium real wage remains constant, what occurs to nominal wage when actual inflation rate exceeds expected inflation rate?
Explain the problem or business need that your recommendation will seek to solve. Discuss five lessons learned from the simulations and other assessments that helped you resolve your client’s problem.
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All forecasting methods using exponential smoothing, adaptive smoothing, and exponential smoothing including trend require starting values to get the equations going. How would you select the starting value for say, F t-1
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