In question 7, you used exponential smoothing to forecast week 20. For the same data set with the same value of alpha, perform error analysis. What is the value of the MAD (mean absolute deviation) rounded to two decimal places? alpha = 0.1 week Sales (1000s of gallons) 1 17 2 21 3 19 4 23 5 18 6 16 7 20 8 18 9 22 10 20 11 15 12 22 13 31 14 34 15 31 16 33 17 28 18 32 19 30
In question 7, you used exponential smoothing to forecast week 20. For the same data set with the same value of alpha, perform error analysis. What is the value of the MAD (mean absolute deviation) rounded to two decimal places? alpha = 0.1 week Sales (1000s of gallons) 1 17 2 21 3 19 4 23 5 18 6 16 7 20 8 18 9 22 10 20 11 15 12 22 13 31 14 34 15 31 16 33 17 28 18 32 19 30
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.1: Measures Of Center
Problem 9PPS
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In question 7, you used exponential smoothing to forecast week 20. For the same data set with the same value of alpha, perform error analysis. What is the value of the MAD (mean absolute deviation) rounded to two decimal places? alpha = 0.1
week | Sales (1000s of gallons) |
1 | 17 |
2 | 21 |
3 | 19 |
4 | 23 |
5 | 18 |
6 | 16 |
7 | 20 |
8 | 18 |
9 | 22 |
10 | 20 |
11 | 15 |
12 | 22 |
13 | 31 |
14 | 34 |
15 | 31 |
16 | 33 |
17 | 28 |
18 | 32 |
19 | 30 |
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