Question: Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: Year 1 2 3

Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table:

Year

1

2

3

4

5

6

7

8

9

10

11

Registrations (000)

5.00

7.00

5.00

5.00

9.00

9.00

8.00

11.00

13.00

14.00

15.00

a) Calculate the forecasted registrations for years 2 through 12 using exponential smoothing, with a smoothing constant () of 0.30 and a starting forecast of 6.00 for year 1

Year

1

2

3

4

5

6

7

8

9

10

11

12

Forecast (000)

6.00

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

b.)Mean absolute deviation based on the forecast developed using the exponential smoothing method (with a smoothing constant ()=0.30 and a starting forecast of F1=6.00 is ___ registrations

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