Question 13.72

13.72 U.S. poverty rate, continued.

Continue the analysis of the annual U.S. poverty rate.

poverty

  1. Set up an Excel spreadsheet to calculate forecasts for the time series using an exponential smoothing model with . Provide a forecast for the poverty rate for 2013.
  2. Set up an Excel spreadsheet to calculate forecasts for the time series using an exponential smoothing model with . Provide forecasts for the poverty rate in 2013 and 2014.