Naïve  Average Moving Average Weighted Moving Average using the weights of .8, .15, and .05 with .8 being the most current, then .15, then .05 ExponA using and alpha level of .75 ExponB will automatically be .25 when A is .75 Exponential Solver What is the best alpha level as determined by the Exponential Solver? Which is the best forecasting option for MAE? What is the MAE? Which is the best forecasting option for MAPE? What is the MAPE?   Period Sales 1 115 2 118 3 128 4 122 5 135 6 128 7 135 8 132 9 132 10 135

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
ChapterP: Prologue: Calculator Arithmetic
Section: Chapter Questions
Problem 13E: Present Value Present value is the amount of money that must be invested now at a given rate of...
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Naïve 

Average

Moving Average

Weighted Moving Average using the weights of .8, .15, and .05 with .8 being the most current, then .15, then .05

ExponA using and alpha level of .75

ExponB will automatically be .25 when A is .75

Exponential Solver

What is the best alpha level as determined by the Exponential Solver?

Which is the best forecasting option for MAE? What is the MAE?

Which is the best forecasting option for MAPE? What is the MAPE?

 

Period

Sales

1

115

2

118

3

128

4

122

5

135

6

128

7

135

8

132

9

132

10

135

 

 

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