Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Equate 2-month moving average and Exponential smoothing using MAD.

The subsequent data represents demand for company ABC's products for the last 10 months.

Months

Demand

1
2
3
4
5
6
7
8
9
10

450
463
520
500
510
516
534
525
530
534

(a) What is the forecast for month 11?

(b) Which provides a better forecast-the two-month moving average or exponential smoothing? describe using the mean absolute deviation.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M922417

Have any Question? 


Related Questions in Statistics and Probability

Two players compete against each other in a game of chance

Two players compete against each other in a game of chance where Player A wins with probability 1/3 and Player B wins with probability 2/3. Every time Player A loses he must pay Player B $1, while every time Player B los ...

Statistics masters levelbusiness research part

Statistics Masters Level Business Research Part 1 Introduction New Wave is an American telecommunications company that provides wireless services. It is a new wireless network operator in the United States and currently ...

Let x andnbsp y be zero-mean unit-variance gaussian random

Let X and  Y be zero-mean, unit-variance Gaussian random variables with correlation coefficient, P . Suppose we form two new random variables using a linear transformation: Find constraints on the constants a, b, c and d ...

Letnbspnbspbe a sequence of iid zero-mean gaussian random

Let   be a sequence of IID zero-mean Gaussian random variables with variance   a) Write a MATLAB program to generate the process (b) Estimate the mean function of this process by generating a large number of realizations ...

Suppose x is a vector of iid random variables where each

Suppose X is a vector of IID random variables where each element has some PDF,    Find an example PDF such that the median is a better estimate of the mean than the sample mean.

What statistical programs could help us with automated

What statistical programs could help us with automated procedure that identifies the best-fitting regression models with predictors we specify?

A pair of random variables xy is equally likely to fall

A pair of random variables, ( X , Y ) , is equally likely to fall anywhere within the region defined by  |X| + |Y| (a) Write the form of the joint PDF, f x,y (x,y). (b) Find the marginal PDFs f x (x) and f y (y). (c) Fin ...

Input according to a survey 59 of the residents of a city

Input According to a survey, 59% of the residents of a city oppose a downtown casino. Of these 59% about 8out of 10 strongly oppose the casino. Complete parts (a) through (c). (a) Find the probability that a randomly sel ...

Question 1describe a recent gallup poll be sure to include

Question 1 Describe a recent Gallup poll. Be sure to include the results of the poll, how the poll was conducted, and what the results will be used for. Question 2 Describe a recent study where data was gathered. If poss ...

Explain three assumptions for the evaluation of a

Explain three assumptions for the evaluation of a correlation coefficient. Explain three limitations for evaluation a correlation coefficient

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate