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Based on the Following Data,a Forecaster Used Simple Exponential Smoothing

Question 93

Multiple Choice

Based on the following data,a forecaster used simple exponential smoothing and determined the following: S0 = 19,S1 = 18.6,S2 = 19.08,S3 = 19.064,S4 = 19.851 and S5 = 19.481. Based on the following data,a forecaster used simple exponential smoothing and determined the following: S<sub>0</sub> = 19,S<sub>1</sub> = 18.6,S<sub>2</sub> = 19.08,S<sub>3</sub> = 19.064,S<sub>4</sub> = 19.851 and S<sub>5</sub> = 19.481. Calculate the average forecast error. A) 3.0 B) 1.80 C) 1.643 D) 1.924 Calculate the average forecast error.


A) 3.0
B) 1.80
C) 1.643
D) 1.924

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