The number of cans of soft drinks sold in a machine each week is recorded below. Develop forecasts using Exponential Smo
Posted: Wed Jul 06, 2022 6:06 am
The number of cans of soft drinks sold in a machine each week isrecorded below. Develop forecasts using Exponential Smoothing withan alpha value of 0.30. F1= 338.338, 219, 276, 265, 314, 323, 299, 257, 287, 302
1. Report the forecast for period 4 (use 2 numbersafter the decimal point).
2. Report the forecast value for period 7 (use2 numbers after the decimal point)
3. Report the forecasting value for period 9 (use 2 numbersafter the decimal point).
4. Report the Forecast error for period 5 (use 2numbers after the decimal point)
5. Report the forecast error for period 8 (use absolutevalue and only two numbers after the decimal point)
6. Report the Mean Absolute Error for this forecast problem(MAE). Use 2 numbers after the decimal point.
1. Report the forecast for period 4 (use 2 numbersafter the decimal point).
2. Report the forecast value for period 7 (use2 numbers after the decimal point)
3. Report the forecasting value for period 9 (use 2 numbersafter the decimal point).
4. Report the Forecast error for period 5 (use 2numbers after the decimal point)
5. Report the forecast error for period 8 (use absolutevalue and only two numbers after the decimal point)
6. Report the Mean Absolute Error for this forecast problem(MAE). Use 2 numbers after the decimal point.