Question: ESM. Exponential Smoothing Model provide excel sheet Include MAD Mean Absolute Deviation Oil Co. started 4 months ago. The company noticed that its production increased

ESM. Exponential Smoothing Model provide excel sheet

Include MAD Mean Absolute Deviation

Oil Co. started 4 months ago. The company noticed that its production increased significantly. Production reported was: 5, 7, 20, 90 Liters respectively over the past 4 months. The company estimated weights for past 4 months were: 0.2, 0.3, 0.1, 0.4. The company is seeking your help to forecast its production for the following cycle.

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