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Actual Sales of a Company (In Millions of Dollars) for January

Question 32

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Actual sales of a company (in millions of dollars) for January through April are shown below. Actual sales of a company (in millions of dollars) for January through April are shown below. a.Use = 0.3 to compute the exponential smoothing values for sales. Compute MSE and forecast sales for May. Show all of your computations from February through May. b.Use = 0.1 to compute the exponential smoothing values for sales. Compute MSE and forecast sales for May. Show all of your computations from February through May. c.Based on MSE, which provides a better forecast? Explain why?
a.Use Actual sales of a company (in millions of dollars) for January through April are shown below. a.Use = 0.3 to compute the exponential smoothing values for sales. Compute MSE and forecast sales for May. Show all of your computations from February through May. b.Use = 0.1 to compute the exponential smoothing values for sales. Compute MSE and forecast sales for May. Show all of your computations from February through May. c.Based on MSE, which provides a better forecast? Explain why? = 0.3 to compute the exponential smoothing values for sales. Compute MSE and forecast sales for May. Show all of your computations from February through May.
b.Use Actual sales of a company (in millions of dollars) for January through April are shown below. a.Use = 0.3 to compute the exponential smoothing values for sales. Compute MSE and forecast sales for May. Show all of your computations from February through May. b.Use = 0.1 to compute the exponential smoothing values for sales. Compute MSE and forecast sales for May. Show all of your computations from February through May. c.Based on MSE, which provides a better forecast? Explain why? = 0.1 to compute the exponential smoothing values for sales. Compute MSE and forecast sales for May. Show all of your computations from February through May.
c.Based on MSE, which Actual sales of a company (in millions of dollars) for January through April are shown below. a.Use = 0.3 to compute the exponential smoothing values for sales. Compute MSE and forecast sales for May. Show all of your computations from February through May. b.Use = 0.1 to compute the exponential smoothing values for sales. Compute MSE and forecast sales for May. Show all of your computations from February through May. c.Based on MSE, which provides a better forecast? Explain why? provides a better forecast? Explain why?

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blured image blured image c. blured image = 0.30 yields ...

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