Year 1 2 3 4 5 6 7 8 9 10 11 Registrations (000) 3.00 7.00 3.00 6.00 11.00 8.00 7.00 10.00 12.00 12.00 15.00 e the forecasted registrations for years 2 through 12 using exponential smoothing, with a smoothing constant (a) of 0.35 and a starting nd your responses to one decimal place): Year 2 3 4 5 6 7 8 9 10 11 12 Forecast (000) 4.00 solute deviation based on the forecast developed using the exponential smoothing method (with a smoothing constant (a) = 0.35 and registrations (round your response to one decimal place).

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table:
Year
1
2
3
4
5
7
8
10
11
Registrations (000)
3.00
7.00
3.00
6.00
11.00
8.00
7.00
10.00 12.00 12.00 15.00
a) Calculate the forecasted registrations for years 2 through 12 using exponential smoothing, with a smoothing constant (a) of 0.35 and a starting forecast of 4.00 for
year 1 (round your responses to one decimal place):
Year
1
3
4
6.
7
8.
10
11
12
Forecast (000)
4.00
b) Mean absolute deviation based on the forecast developed using the exponential smoothing method (with a smoothing constant (a) = 0.35 and a starting forecast of
%3D
F1 = 4.00) is registrations (round your response to one decimal place).
Transcribed Image Text:Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: Year 1 2 3 4 5 7 8 10 11 Registrations (000) 3.00 7.00 3.00 6.00 11.00 8.00 7.00 10.00 12.00 12.00 15.00 a) Calculate the forecasted registrations for years 2 through 12 using exponential smoothing, with a smoothing constant (a) of 0.35 and a starting forecast of 4.00 for year 1 (round your responses to one decimal place): Year 1 3 4 6. 7 8. 10 11 12 Forecast (000) 4.00 b) Mean absolute deviation based on the forecast developed using the exponential smoothing method (with a smoothing constant (a) = 0.35 and a starting forecast of %3D F1 = 4.00) is registrations (round your response to one decimal place).
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