Question: Year 1 2. 3 5 6 7 9 10 11 Registrations (000) 3.00 7.00 5.00 6.00 9.00 8.00 6.00 9.00 12.00 14.00 12.00 a) Calculate

Year 1 2. 3 5 6 7 9 10 11 Registrations (000) 3.00 7.00 5.00 6.00 9.00 8.00 6.00 9.00 12.00 14.00 12.00 a) Calculate the forecasted registrations for years 2 through 12 using exponential smoothing, with a smoothing constant (a) of 0.40 and a starting forecast of 6.00 for year 1 fround your responses to one decimal place): 1 2 Year Forecast (000) 3 4 5 6 7 B 9 10 11 12 6.00 ans b) Mean absolute deviation based on the forecast developed using the exponential smoothing method (with a smoothing constant (a) = 0.40 and a starting forecast of F, -8.00) registrations (round your response to one decimal place) Enter your answer in each of the answer boxes

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