Question: 6 6 . Consider the following forecast errors. What is the Mean Absolute Deviation ( MAD ) ? Period Error 1 - 2 2 1
Consider the following forecast errors. What is the Mean Absolute Deviation MAD
Period Error
a
b
c
d
e
Consider the following time series data. Suppose that you use exponential smoothing with an alpha of to fit a forecasting model. The forecast for period is
Period Forecast Actual value
Period
Period
Period
Period
Period
Period
a
b
c
d
e
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