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Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Using exponential smoothing with a smoothing constant (a) of 0.30 and a starting forecast of 410.00, the following sales forecast has been developed: The MAD for a forecast developed using exponential smoothing with a = 0.30 is Year 2005 2006 2007 2008 2009 Sales 450 495 518 563 584 Forecasted Sales 410.00 422.00 443.90 466.13 495.19 sales (round your response to two decimal places).

Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Using exponential smoothing with a smoothing constant (a) of 0.30 and a starting forecast of 410.00, the following sales forecast has been developed: The MAD for a forecast developed using exponential smoothing with a = 0.30 is Year 2005 2006 2007 2008 2009 Sales 450 495 518 563 584 Forecasted Sales 410.00 422.00 443.90 466.13 495.19 sales (round your response to two decimal places).

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Using exponential smoothing with a smoothing constant (a) of 0.30 and a starting forecast of 410.00, the following sales forecast has been developed: The MAD for a forecast developed using exponential smoothing with α = 0.30 is Year 2005 2006 2007 2008 2009 Sales 450 495 518 563 584 Forecasted Sales 410.00 422.00 443.90 466.13 495.19 sales (round your response to two decimal places).
Transcribed Image Text:Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Using exponential smoothing with a smoothing constant (a) of 0.30 and a starting forecast of 410.00, the following sales forecast has been developed: The MAD for a forecast developed using exponential smoothing with α = 0.30 is Year 2005 2006 2007 2008 2009 Sales 450 495 518 563 584 Forecasted Sales 410.00 422.00 443.90 466.13 495.19 sales (round your response to two decimal places).
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