Question: A. Calculate forecast using exponential smoothing and moving average methods of the following time series as indicated. [Marks3+3=6] B. Calculate Mean Absolute Difference (MAD) for

A. Calculate forecast using exponential smoothing and moving average methods of the following time series as indicated. [Marks3+3=6] B. Calculate Mean Absolute Difference (MAD) for both the forecasted values. [Marks.1.5+1.5=3] C. Write your comment. [Mark.1] (Keep values to one decimal place only) Exponential Smoothing a=0.2 Actual values Moving Average: n=2 SN A Forecast : F Forecast : F 1 x 30 2 3 4 34 5 29 42 7
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
