Compute exponential smoothing forecasts with smoothing constant a 7 Use GasolineRevised xlsx What is the forecast for week 23 What is MAE What is MSE What is MAPE Week Sales (1000s of gallons) 1 17 2 21 3 19 4 23 5 18 6 16 7 20 8 18 9 10 11 12 13 14 22 20 15 22 31 34 31 33 28 32 30 29 15 16 17 18 19 20 21 22 34 33

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Question: Compute exponential smoothing forecasts with smoothing constant a=.7. Use GasolineRevised.xlsx What is the forecast for week 23? What is MAE? What is MSE? What is

Compute exponential smoothing forecasts with smoothing constant a=.7. Use GasolineRevised.xlsx

What is the forecast for week 23?
What is MAE?
What is MSE?
What is MAPE?

Compute exponential smoothing forecasts with

Week Sales (1000s of gallons) 1 17 2 21 3 19 4 23 5 18 6 16 7 20 8 18 9 10 11 12 13 14 22 20 15 22 31 34 31 33 28 32 30 29 15 16 17 18 19 20 21 22 34 33

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