Final Exam

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QMB$5311(1)$

Celida Sanchez

$\frac{05}{06}\frac{?}{247}$:$51PM$

Mon May

The following table provides the market share for a large auto manufacturer.

$\backslash$table$[[$Year$,$Market Share $(\%)],[2009,22\mathrm{.}7],[2010,21\mathrm{.}9],[2011,19\mathrm{.}8],[2012,18\mathrm{.}8],[2013,18\mathrm{.}9],[2014,17\mathrm{.}2],[2015,17\mathrm{.}4],[2016,17\mathrm{.}9],[2017,17\mathrm{.}4],[2018,16\mathrm{.}9],[2019,]]$

Which forecast from the previous $2$ problems do you have the most confidence in$?$ Why?

A$.$ The exponentially smoothed forecast with $=0\mathrm{.}6,$ because it has the lower MAD.

B$.$ The two$-$period weighted moving average with weights of $5$ and $3,$ because it has the higher MAD.

C$.$ The two$-$period weighted moving average with weights of $5$ and $3,$ because it has the lower MAD.

D$.$ The exponentially smoothed forecast with $=0\mathrm{.}6,$ because it has the higher MAD.

$(1)$ Time Remaining: $00$:$19$:$43$