What is the mad for the exponentially smoothed forecasts

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Community General Hospital finds itself treating many bicycle accident victims. Data from the last seven 24-hour periods is shown below:

Day         Bicycle Victims
1            10
2              6
3            19
4             22
5              28
6             28

Problem 1: What is the exponentially smoothed forecast for day 6? (Round to two decimal places) .

Problem 2: What is the MAD for the exponentially smoothed forecasts for days 4 through 6 using alpha=0.33? (Round to two decimal places)

Problem 3: What is the MSE for the exponentially smoothed forecasts for days 4 through 6 with alpha=0.33?

Reference no: EM132968345

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