Question: PLEASE SOLVE. the table Develop an exponential smoothing forecast (=0.5) for February 2019 through January 2020 . Assume that your forecast for January 2019 was

Develop an exponential smoothing forecast (=0.5) for February 2019 through January 2020 . Assume that your forecast for January 2019 was 60. Calculate the MFE, MAD, and MAPE values for February through December 2019. Click the icon to view the time series data. Find an exponential smoothing forecast for each period and fill-in the table below (enter your responses rounded to one decimal place). The forecast for January 2020 is (Enter your response rounded to one decimal place.) The MFE is (Enter your response rounded to one decimal place and include a minus sign if necessary.) The MAD is (Enter your response rounded to one decimal place.) The MAPE is \%. (Enter your response rounded to one decimal place.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
