Question: Use the data given below to answer the following question(s). The worldwide sales of cars from 1981-1990 are shown in the table below. Given: a

Use the data given below to answer the following

Use the data given below to answer the following question(s). The worldwide sales of cars from 1981-1990 are shown in the table below. Given: a = 0.2 and B = 0.15 (Hint: Use XL Miner) Year 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 Units sold in thousands 888 900 1000 1200 1100 1300 1250 1150 1100 1200 Using the double exponential smoothing, calculate the value of the mean absolute deviation for the given data. 91.27 08.10 1.80 011976.17

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!