Evaluate mad and mpe

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Question: The following table shows quarterly demand data for 3 consecutive years:

1236_MAD.png

Choose smoothing coefficients and apply exponential smoothing with seasonally:

• Initial parameters are estimated using a fit sample consisting of two whole cycles.

• Evaluate MAD and MPE on the test sample, with h = 1.

• What is F5,3?

Reference no: EM131448131

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