Question: a. For the exponential smoothing method, choose the first quarter of 3 years ago as the beginning forecast. Make two forecasts: one with a =

a. For the exponential smoothing method, choose

a. For the exponential smoothing method, choose

a. For the exponential smoothing method, choose

a. For the exponential smoothing method, choose the first quarter of 3 years ago as the beginning forecast. Make two forecasts: one with a = 0.10 and one with a = 0.20 (Negative values should be indicated by a minus sign. Round your answers to 3 decimal places.) Company A Forecast a = 0.10 Forecast a = 0.20 Forecast a = 0.10 Company B Forecast a=0.20 3 years ago Quarter 1 11 III IV 2 years ago 1 11 III IV last year 1 II IV this year 1 II 111 b-1. Calculate the MAD for each forecast using data starting with second quarter of 3 years ago through second quarter of this year. (Round your answers to 3 decimal places.) MAD Company A Company B a=0.10 a=0.20 b-2. Using the MAD method of testing the forecasting model's performance, plus actual data from 3 years ago through the second quarter of this year, how well did the model perform? Based on MAD, an a of 0.2 performs better than an a of 0.1 v c. Using the decomposition of a time series method of forecasting, forecast earnings per share for the last two quarters of this year and all four quarters of next year. (Negative values should be indicated by a minus Round your answers to 3 decimal places.) Company A Seasonal Factor Quarter Forecast Company B Seasonal Factor Forecast this year IV next year 1 11 III IV

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