Question: Homework: Mod 4 HW1 Question 15, Problem 4.61 Part 3 of 4 HW Score: 59%, 23.6 of 40 points Points: 1.4 of 7 Save Passenger

Homework: Mod 4 HW1 Question 15, Problem 4.61

Homework: Mod 4 HW1 Question 15, Problem 4.61 Part 3 of 4 HW Score: 59%, 23.6 of 40 points Points: 1.4 of 7 Save Passenger miles flown on Northeast Airlines, a commuter fim serving the Boston hub, are shown for the past 12 weeks: Week 1 2 3 4 5 6 7 7 9 10 11 12 Actual Passenger Miles (In thousands) 17 2018 21 18 17 19 18 21 19 14 19 a) Assuming an initial forecast for week 1 of 17.000 miles, use exponential smoothing to compute miles for weeks 2 through 12. Use c = 0.2 (round your responses to two decimal places). Week 1 2 3 4 5 6 7 8 9 9 10 11 12 Forecasted Passenger 17.00 17.00 17.60 17.68 18.34 18.27 18.02 18.22 18.18 18.74 18.79 17.83 Miles (in thousands) MAD b) The MAD for this model = 1.55 thousand round your response to two decimal places). c) Compute the Cumulative Forecast Errors, cumulative MAD in thousands, and tracking signals (round your responses to two decimal places). Cumulative Cumulative Forecast Tracking Forecast Week Errors MAD Signal Week Errors 1 0.00 0.00 7 6.09 2 3.00) 1.50 2.00 & 5.87 3 3.40 1.13 3.00 8.69 4 6.72 1.68 4.00 10 8.95 5 6.38 1.41 4.52 11 Tracking Signal 4.58 1.33 1.19 4.93 6.33 1.37 1.26 7.10 6 5.11 1.39 3.68 12 Help me solve this Etext pages Calculator Clear all Check

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