t. Dt.

perodos hecho en t: Ft,

t+
t hecho en t-1: Ft
et = Ft - Dt
n



Dt = + t
t
Ft, t+ = Ft
 St
Gt
ct



N


t Dt Ft
1 20
2 18
3 21
4 25
5 24
6 27
7 22
8 30
9 23
10 20
11 29
12 22
t Dt Ft
1 20
2 18
3 21
4 25 19.67
5 24 21.33
6 27 23.33
7 22 25.33
8 30 24.33
9 23 26.33
10 20 25.00
11 29 24.33
12 22 24.00
 St
Gt
ct



N

Ft = D t-1 + (1- ) Ft-1
Ft, t+ = Ft

SE exponencial
t Dt Ft

0
1 20
2 18
3 21
4 25
5 24
6 27
7 22
8 30
9 23
10 20
11 29
12 22
SE exponencial 0.1
t Dt Ft

0
1 20 23.42
2 18 23.08
3 21 22.57
4 25 22.41
5 24 22.67
6 27 22.80
7 22 23.22
8 30 23.10
9 23 23.79
10 20 23.71
11 29 23.34
12 22 23.91

St = D t+ (1- ) (St-1 + Gt-1)
Gt = (St - St-1) + (1- ) Gt-1
Ft, t
S t + Gt

alfa 0.1 beta 0.1
Dt St Gt Ft et
-3
-2
-1
0
1 15
2 20
3 26
4 30
5 35
6 36
7 36
8 37
alfa 0.1 beta 0.1
Dt St Gt Ft et
-3
-2
-1
0 15 3.2
1 15 17.9 3.17 18.2 3.17
2 20 20.9 3.16 21 1.02
3 26 24.3 3.18 24.1 -1.9
4 30 27.7 3.21 27.5 -2.5
5 35 31.3 3.25 30.9 -4.1
6 36 34.7 3.26 34.6 -1.4
7 36 37.8 3.24 38 1.97
8 37 40.6 3.2 41 4.01