Question: Excel Online Activity: Exponential Smoothing A retail store records customer demand during each sales period. The data has been collected in the Microsoft Excel Online

 Excel Online Activity: Exponential Smoothing A retail store records customer demand
during each sales period. The data has been collected in the Microsoft

Excel Online Activity: Exponential Smoothing A retail store records customer demand during each sales period. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to develop the single exponential smoothing forecast and answer the following questions. Open spreadsheet Questions 1. What is the forecast for the 13th period based on the single exponential smoothing? Round your answer to two decimal places. 2. What is the MSE for the single exponential smoothing forecast? Round your answer to two decimal places. 3. Choose the correct graph for the single exponential smoothing forecast. The correct graph is Observation Exponential Smoothing Forecast Back Next D 3 2 3 4 5 6 7 -8 9 0 1 2 -3 4 25 26 Exponential Smoothing Forecasting Smoothing constant 0.2 Next period forecast Time Period 1 2 3 5 6 7 9 10 11 12 13 D G Observation Forecast Error Error 2 84 88 83 84 91 96 83 86 89 94 90 93 MSE Formulas #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A J #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A FINA #NIA #N/A #N/A #N/A #N/A INA INIA #N/A #N/A #NA #NA K N 0 Use the area below to draw a line chart for Excel Online Activity: Exponential Smoothing A retail store records customer demand during each sales period. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to develop the single exponential smoothing forecast and answer the following questions. Open spreadsheet Questions 1. What is the forecast for the 13th period based on the single exponential smoothing? Round your answer to two decimal places. 2. What is the MSE for the single exponential smoothing forecast? Round your answer to two decimal places. 3. Choose the correct graph for the single exponential smoothing forecast. The correct graph is Observation Exponential Smoothing Forecast Back Next D 3 2 3 4 5 6 7 -8 9 0 1 2 -3 4 25 26 Exponential Smoothing Forecasting Smoothing constant 0.2 Next period forecast Time Period 1 2 3 5 6 7 9 10 11 12 13 D G Observation Forecast Error Error 2 84 88 83 84 91 96 83 86 89 94 90 93 MSE Formulas #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A J #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A FINA #NIA #N/A #N/A #N/A #N/A INA INIA #N/A #N/A #NA #NA K N 0 Use the area below to draw a line chart for

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!