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

Thirty percent of the time a sale at food shoppe is paid

Thirty percent of the time, a sale at Food Shoppe is paid using a store-issued credit card. A sample of 18 Food Shoppe sales is obtained. Let X represent the number of sales paid for using the store-issued credit card. W ...

1 explain the rationale behind time series designs2

1. Explain the rationale behind time series designs. 2. Describe the simple interrupted time series design. 3. Why is contemporary history a threat to internal validity in a simple interrupted time series design?

Question discuss the specific innovations of jackson

Question: Discuss the specific innovations of Jackson Pollock, as well as his cultural influences and artists he influenced. Use at least two examples of specific artworks. This question relates to Chapter 28 and 29 in A ...

1 explain the difference between rejecting and failing to

1. Explain the difference between rejecting and failing to reject the null hypothesis. In which case does a researcher conclude that the independent variable has an effect on the dependent variable? 2. Distinguish betwee ...

The manager of a pizza chain in albuquerque new mexico

The manager of a pizza chain in Albuquerque, New Mexico, wants to determine the average size of their advertised 16-inch pizzas. She takes a random sample of 25 pizzas and records their mean and standard deviation as 16. ...

A teacher rated the reading ability level of six fourth

A teacher rated the reading ability level of six fourth grade children in a special math program. The reading level ratings were as follows: 3, 3, 2, 8, 4, and 4. a. Compute the mean, variance, and standard deviation (by ...

Prior to distributing a large shipment of bottled water a

Prior to distributing a large shipment of bottled water, a beverage company would like to determine whether there is evidence that the true mean fill volume of all bottles di↵ers from 600 ml, which is the amount stated o ...

Searches related to the time of travel from a persons

Searches related to the time of travel from a person's apartment to the bus station follows a uniform distribution over the interval from 20 to 30 minutes. If he/she leaves home at 9:05AM, what is the probability that he ...

A history class is comprised of 6 female and 7 male

A history class is comprised of 6 female and 7 male students. If the instructor of the class randomly chooses 11 students from the class for an oral exam, what is the probability that 5 female students and 6 male student ...

In a poll of 2003 adults within the united states for the

In a poll of 2,003 adults within the United States for the Wall Street Journal, 57% of adults said that public education needs to be improved. Construct a 95% confidence interval for the proportion of all U. S. adults wh ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro