Question: a ) Calculate the exponential smoothing with trend forecast for these data using an of 0 . 3 0 , a of 0 . 3
a Calculate the exponential smoothing with trend forecast for these data using an of a of an initial trend forecast T of and an initial exponentially smoothed forecast F of
b Calculate the mean absolute deviation MAD for each forecast. Which is best?
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
