Question: Problem 4 . 2 : The data below represents the increasing demand for Zoom technology over the last 1 0 Years. Please use this data
Problem : The data below represents the increasing demand for Zoom technology over the last Years. Please use this data to calculate the demand for Zoom in period Because the demand is increasing so quickly a large alpha and beta are chosen to obtain the best possible results. The alphafor exponential smoothing and the betafor the trend Please answer the following questions:
Please write the three FIT formulas below, then compute FIT forecasts and MAD for periods through
Please write the formula for Slope, Intercept and Y Then compute Trend Forecast and MAD for periods through
Determine the best forecast and explain why this is the best forecast.
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