Question: HOW DO YOU GET THE MAD CALCULATION? THE RED MARKS WERE THE PART I GOT WRONG BUT THE NUMBERS NEXT TO IT WERE CORRECT AFTER
HOW DO YOU GET THE MAD CALCULATION? THE RED MARKS WERE THE PART I GOT WRONG BUT THE NUMBERS NEXT TO IT WERE CORRECT AFTER I ANSWERD INCORRECTLY.
As you can see in the following table, demand for heart transplant surgery at Washington General Hospital has increased steadily in the past few years:
The director of medical services predicted years ago that demand in year would be surgeries.
a Using exponential smoothing with alpha of and the given forecast for year the forecasts for years through are round your responses to one decimal place:
For the forecast made using exponential smoothing with alpha and the given forecast for year MAD surgeries round your response to one decimal place
Using exponential smoothing with alpha of and the given forecast for year the forecasts for years through are round your responses to one decimal place:
For the forecast made using exponential smoothing with alpha and the given forecast for year MAD surgeries round your response to one decimal place
b Forecasts for years through using a year moving average are round your responses to one decimal place:
For forecasts made using a year moving average, MAD surgeries round your response to one decimal place
c Forecasts for years through using the trendprojection method are round your responses to one decimal place:
For forecasts made using the trendprojection method, MAD surgeries round your response to one decimal place
d Based on the comparison of MAD, the best forecast is achieved using the TrendProiection
method.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
