Question: Would you use exponential smoothing with a smoothing constant of 0.3, a 3-year moving average, or a trend to predict the sales of Cool-Man air
Would you use exponential smoothing with a smoothing constant of 0.3, a 3-year moving average, or a trend to predict the sales of Cool-Man air conditioners?.
Data from
Sales of Cool-Man air conditioners have grown steadily during the past 5 years:

YEAR SALES 450 2 495 518 563 584 6.
Step by Step Solution
3.42 Rating (161 Votes )
There are 3 Steps involved in it
ThreeYear Moving TimeSeries Year Actual Sales Average Forecast Absolute Deviation F... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
162-M-S-F (57).docx
120 KBs Word File
