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    Business Statistics in Practice Study Set 2
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    Exam 16: Time Series Forecasting
  5. Question
    Based on the Following Data,a Forecaster Used Simple Exponential Smoothing
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Based on the Following Data,a Forecaster Used Simple Exponential Smoothing

Question 74

Question 74

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


A) 3.671
B) 8.215
C) 2.161
D) 1.643

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