Question: table [ [ Month , Sales ( Smillions ) ] , [ 1 , 4 7 0 ] , [ 2 , 4 8
tableMonthSales Smillions
Use the same data as in question Evaluate the forecasts from the naive and exponential smoothing alpha methods using cumulative forecast error.
Fitl in the blanks of the following with a number rounded to decimal places unless otherwise directed:
The cumulative forecast error for the naive method is
The cumulative forecast error for the exponential smoothing is
Naive method is better than exponential smoothing in this case TF
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