Additional Problem 03-06 (Algo) Monthly attendance at financial planning seminars for the past 24 months, and forecasts and errors for those months, are shown in the following table. Determine if the forecast is working by computing a tracking signal, beginning with month 10, updating MAD with exponential smoothing. Use an alpha value of 0.2. (Round all your calculations to three decimal points.) Month 1 2 3 4 5 6 7 8 9 10 Attend 46 49 53 55 51 50 40 35 28 27 Forecast 41 46 59 50 46 56 38 43 37 35 A-F 5 4 5 -6 2 -8 -9 jej Cumulative je O G MAD Cumulative Error Tracking Signal

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
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Subject: algebra 

Additional Problem 03-06 (Algo)
Monthly attendance at financial planning seminars for the past 24 months, and forecasts and errors for those months, are shown in the
following table. Determine if the forecast is working by computing a tracking signal, beginning with month 10, updating MAD with
exponential smoothing. Use an alpha value of 0.2. (Round all your calculations to three decimal points.)
Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Attend
46
49
53
55
51
50
40
35
28
27
33
37
47
61
67
65
59
55
49
33
30
Forecast
41
46
59
50
46
56
38
43
37
35
37
32
56
66
62
68
68
64
52
37
34
A-F
5
3
-6
-4
5
-6
2
-8
-9
-8
-4
5
-9
-5
5
-3
-9
-9
3
4
Jel
< Prev
Cumulative je
3 of 7
T
G
MAD
Next >
Cumulative Error Tracking Signal
Check my work
Transcribed Image Text:Additional Problem 03-06 (Algo) Monthly attendance at financial planning seminars for the past 24 months, and forecasts and errors for those months, are shown in the following table. Determine if the forecast is working by computing a tracking signal, beginning with month 10, updating MAD with exponential smoothing. Use an alpha value of 0.2. (Round all your calculations to three decimal points.) Month 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Attend 46 49 53 55 51 50 40 35 28 27 33 37 47 61 67 65 59 55 49 33 30 Forecast 41 46 59 50 46 56 38 43 37 35 37 32 56 66 62 68 68 64 52 37 34 A-F 5 3 -6 -4 5 -6 2 -8 -9 -8 -4 5 -9 -5 5 -3 -9 -9 3 4 Jel < Prev Cumulative je 3 of 7 T G MAD Next > Cumulative Error Tracking Signal Check my work
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