Based on the months of October, November, and December, the mean absolute deviation using exponential smoothing where a= 0.5 and the initial forecast for October = $1.72 is $____ (round your response to three decimal places)
Which a= is the best? _____
( pls complete all blank, thank you 🙂 )
https://d2vlcm61l7u1fs.cloudfront.net/media%2F44c%2F44ca6f33-c3c4-4df9-abe0-4e4dd592787f%2Fphpb2RFqt.png
Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows Month January February March April May June Price Per Chip $1.85 $1.61 $1.60 $1.85 $1.90 $1.95 Month July August September October November December Price Per Chip $1.80 $1.83
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