Question: Using the same problem ) Calculate the MAD for the Weighted Moving Average 2 periods ( weights of 2 for most recent and 1 for

Using the same problem) Calculate the MAD for the Weighted Moving Average 2 periods (weights of 2 for most recent and 1 for time period before..... previously done) and the Exponential Smoothing with alpha .3 and starting forecast of 75... previously done) forecasts. What is the MAD for the most accurate forecast? Consulting income at Kate Walsh Associates for the period of January July has been as follows: MONTH INCOME (1000s) Weighted Moving Average Error Exponential Smoothing Alpha .3 Error January 70.075.0 February 68.5 March 64.8 April 76.2 May 71.3 June 72.8 July 78.8 August A.4.575 B.4.42 C.3.6241 D.5.2954

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