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. Calculate the Mean Absolute Deviation (MAD) .
A) 3.671
B) 8.215
C) 2.161
D) 1.643
Correct Answer:

Verified
Correct Answer:
Verified
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