Use simple exponential smoothing with a=0.3 to forecast bike sales for September through December. Assume that the forecast for September was 60 units. a) What will be the forecast for December? b) Calculate the MAD. Month September October November December Bike Sales 54 72 60 ? ***
Use simple exponential smoothing with a=0.3 to forecast bike sales for September through December. Assume that the forecast for September was 60 units. a) What will be the forecast for December? b) Calculate the MAD. Month September October November December Bike Sales 54 72 60 ? ***
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Problem 1P
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![Use simple exponential smoothing with a = 0.3 to forecast bike sales for September through December. Assume that the forecast
for September was 60 units.
a) What will be the forecast for December?
b) Calculate the MAD.
Month
September
October
November
December
Bike Sales
54
72
60
?
www](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F875f36d7-451b-4aeb-9362-390dfdd6e952%2F3cf8cd0f-5ccf-412b-96ad-70f617d55a05%2Fn4v8oj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Use simple exponential smoothing with a = 0.3 to forecast bike sales for September through December. Assume that the forecast
for September was 60 units.
a) What will be the forecast for December?
b) Calculate the MAD.
Month
September
October
November
December
Bike Sales
54
72
60
?
www
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