Question: Mean Absolute Deviation ( MAD ) The Via Via Pizza manager wants to test the use of exponential smoothing to see how well the techniques
Mean Absolute Deviation MAD
The Via Via Pizza manager wants to test the use of exponential smoothing to see how well the techniques works in predicting customer visits. He guessed that the December visits would total and suggested an exponential smoothing factor of alpha
Absolute
Actual Forecast Deviation Forecast Error
Customers with alpha for alpha
December
January
February
March
Sum of Absolute Deviations
MAD Actual Forecast
n
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