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QUESTION 23 To determine the ideal smoothing constant to be used for a simple exponential smoothing forecasting, a data analyst randomly selected three exponential constants (0,2, 0,5, and 0,8) and produced the forecasts shown in the table of analysis below. Year 2010 2011 2013 2014 2012 12 2015 2016 2017 2018 2019 2020 Sales, (R millions) 2021 6 9 15 20 15 13 8 12 16 18 21 Forecast 1 (a = 0,2) Sales, (R millions) 6,6 QUESTION 25 7,68 9,14 M 12.05 N 11,39 11,51 12,41 13,53 Determine the values represented by M, P and R in the table of analysis above? A. M-R12.39 million, P = R13.05 million, and R= 13.42 million B. MR11.32 million, P = R11.15 million, and R = 11.42 million C. M-R11.32 million, P-R13.05 million, and R= 13.42 million D. M = R12.39 million, P = R11.15 million, and R = 11,42 million Forecast 2 (a=0.5) Sales, (R millions) 7,5 9,75 12,38 16,19 15.59 14.3 P 11,57 Q 15.89 QUESTION 24 Determine the values represented by N, Q and S in the table of analysis in question 23? A. N=R11.52 million, Q = R15.08 million, and S= 118.12 million B. N=R12.24 million, Q = R13.79 million, and S= 17.42 million C. N = R12.38 million, Q = R13.85 million, and S= 18.17 million D. N=R11.51 million, Q = R14.15 million, and S= 17.83 million Forecast 3 (a=0,8) Sales, (R millions) 8,4 11,28 14,26 18,85 15,77 13,55 9.11 R 15,08 S Using the forecasts for the 2012-2021 period, determine the mean absolute deviation (MAD) of Forecast 1, Forecast 2 and Forecast 3. A. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 6.32, 4.16 and 3.76 respectively. B. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 6.32, 4.21 and 4.06 respectively. C. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 5.06, 4.21 and 3.76 respectively. D. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 5.06, 4.20 and 3.92 respectively.

QUESTION 23 To determine the ideal smoothing constant to be used for a simple exponential smoothing forecasting, a data analyst randomly selected three exponential constants (0,2, 0,5, and 0,8) and produced the forecasts shown in the table of analysis below. Year 2010 2011 2013 2014 2012 12 2015 2016 2017 2018 2019 2020 Sales, (R millions) 2021 6 9 15 20 15 13 8 12 16 18 21 Forecast 1 (a = 0,2) Sales, (R millions) 6,6 QUESTION 25 7,68 9,14 M 12.05 N 11,39 11,51 12,41 13,53 Determine the values represented by M, P and R in the table of analysis above? A. M-R12.39 million, P = R13.05 million, and R= 13.42 million B. MR11.32 million, P = R11.15 million, and R = 11.42 million C. M-R11.32 million, P-R13.05 million, and R= 13.42 million D. M = R12.39 million, P = R11.15 million, and R = 11,42 million Forecast 2 (a=0.5) Sales, (R millions) 7,5 9,75 12,38 16,19 15.59 14.3 P 11,57 Q 15.89 QUESTION 24 Determine the values represented by N, Q and S in the table of analysis in question 23? A. N=R11.52 million, Q = R15.08 million, and S= 118.12 million B. N=R12.24 million, Q = R13.79 million, and S= 17.42 million C. N = R12.38 million, Q = R13.85 million, and S= 18.17 million D. N=R11.51 million, Q = R14.15 million, and S= 17.83 million Forecast 3 (a=0,8) Sales, (R millions) 8,4 11,28 14,26 18,85 15,77 13,55 9.11 R 15,08 S Using the forecasts for the 2012-2021 period, determine the mean absolute deviation (MAD) of Forecast 1, Forecast 2 and Forecast 3. A. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 6.32, 4.16 and 3.76 respectively. B. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 6.32, 4.21 and 4.06 respectively. C. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 5.06, 4.21 and 3.76 respectively. D. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 5.06, 4.20 and 3.92 respectively.

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter7: Integration
Section7.CR: Chapter 7 Review
Problem 88CR
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QUESTION 23 To determine the ideal smoothing constant to be used for a simple exponential smoothing forecasting, a data analyst randomly selected three exponential constants (0,2, 0,5, and 0,8) and produced the forecasts shown in the table of analysis below. Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Sales, (R millions) 6 9 12 15 20 15 13 8 12 16 18 21 QUESTION 24 Forecast 1 (a = 0,2) Sales, (R millions) QUESTION 25 6,6 7,68 9,14 M 12,05 N 11,39 11,51 12,41 Determine the values represented by M, P and R in the table of analysis above? A. M = R12.39 million, P = R13.05 million, and R = 13.42 million B. MR11.32 million, P = R11.15 million, and R 11.42 million C. M = R11.32 million, P = R13.05 million, and R = 13.42 million D. M = R12.39 million, P = R11.15 million, and R = 11,42 million 13,53 Forecast 2 (a = 0,5) Sales, (R millions) 7,5 9,75 12,38 16,19 15,59 14,3 P 11,57 Q 15,89 Determine the values represented by N, Q and S in the table of analysis in question 23? A. N = R11.52 million, Q = R15.08 million, and S=1f8.12 million B. N = R12.24 million, Q = R13.79 million, and S = 17.42 million C. N = R12.38 million, Q = R13.85 million, and S= 18.17 million D. N = R11.51 million, Q = R14.15 million, and S= 17.83 million Forecast 3 (a = 0,8) Sales, (R millions) 8,4 11,28 14,26 18,85 15,77 13,55 9,11 R 15,08 S Using the forecasts for the 2012-2021 period, determine the mean absolute deviation (MAD) of Forecast 1, Forecast 2 and Forecast 3. A. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 6.32, 4.16 and 3.76 respectively. B. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 6.32, 4.21 and 4.06 respectively. C. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 5.06, 4.21 and 3.76 respectively. D. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 5.06, 4.20 and 3.92 respectively. (4 (4 (4
Transcribed Image Text:QUESTION 23 To determine the ideal smoothing constant to be used for a simple exponential smoothing forecasting, a data analyst randomly selected three exponential constants (0,2, 0,5, and 0,8) and produced the forecasts shown in the table of analysis below. Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Sales, (R millions) 6 9 12 15 20 15 13 8 12 16 18 21 QUESTION 24 Forecast 1 (a = 0,2) Sales, (R millions) QUESTION 25 6,6 7,68 9,14 M 12,05 N 11,39 11,51 12,41 Determine the values represented by M, P and R in the table of analysis above? A. M = R12.39 million, P = R13.05 million, and R = 13.42 million B. MR11.32 million, P = R11.15 million, and R 11.42 million C. M = R11.32 million, P = R13.05 million, and R = 13.42 million D. M = R12.39 million, P = R11.15 million, and R = 11,42 million 13,53 Forecast 2 (a = 0,5) Sales, (R millions) 7,5 9,75 12,38 16,19 15,59 14,3 P 11,57 Q 15,89 Determine the values represented by N, Q and S in the table of analysis in question 23? A. N = R11.52 million, Q = R15.08 million, and S=1f8.12 million B. N = R12.24 million, Q = R13.79 million, and S = 17.42 million C. N = R12.38 million, Q = R13.85 million, and S= 18.17 million D. N = R11.51 million, Q = R14.15 million, and S= 17.83 million Forecast 3 (a = 0,8) Sales, (R millions) 8,4 11,28 14,26 18,85 15,77 13,55 9,11 R 15,08 S Using the forecasts for the 2012-2021 period, determine the mean absolute deviation (MAD) of Forecast 1, Forecast 2 and Forecast 3. A. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 6.32, 4.16 and 3.76 respectively. B. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 6.32, 4.21 and 4.06 respectively. C. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 5.06, 4.21 and 3.76 respectively. D. The MAD of Forecast 1, Forecast 2, and Forecast 3 are 5.06, 4.20 and 3.92 respectively. (4 (4 (4
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