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Question.4190 - Discuss how the coefficient of determination and the coefficient of correlation are related and how they are used in regression analysis. What are some of the problems and drawbacks of the moving average forecasting model? What effect does the value of the smoothing constant have on the weight given to the past forecast and the past observed value?

Answer Below:

p xxx coefficient xx determination xx the xxxxxx of xxx correlation xxxxxxxxxxx It xxxxxxxx the xxxxxxxxxx of xxxxxxxx in xxx dependent xxxxxxxx that xx explained xx the xxxxxxxxxxx variable xxxxxxx the xxxxxxxxxxx coefficient xxxxxxxx the xxxxxxxx and xxxxxxxxx of xxx linear xxxxxxxxxxxx between xxx variables xx ranges xxxxxxx - xx where x represents x perfect xxxxxxxx relationship xxxxxxxxxx a xxxxxxx positive xxxxxxxxxxxx and xxxxxxxxxx no xxxxxx relationship xxxxxx et xx p x The xxxxxx average xxxxxxxxxxx model xxxx not xxxxxxx for xxxxxxxxxxx or xxxxx It xxxxxxx that xxx future xxxxxx is xxxxx on xxx average xx past xxxxxx The xxxxxxxxx constant xxxxx ranges xxxxxxx and xx controls xxx rate xx which xxx forecast xxxxxxxx to xxxxxxx in xxx data xx alpha xx close xx it xxxxx that xxx forecast xx highly xxxxxxxxx on xxx most xxxxxx observed xxxxx Render xx al xx it xx closer xx it xxxxx more xxxxxx to xxx past xxxx making xxx forecast xxxxxxxx and xxxx sensitive xx recent xxxxxxx p x nbsp x p xxxxxxxxxx p x Quantitative xxxxxxxx for xxxxxxxxxx e xx Barry xxxxxx Ralph x Stair xx and xxxxxxx E xxxxx Textbook xxxxxxxxx by xxxxxxxx Hall xxxxxxxxx p

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