What is the Mean Absolute Deviation

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Reference no: EM133183187

Question - Sales for the past 6 months at Dalworth Company are given in the following table:

Month

Sales

July

52

August

61

September

53

October

35

November

31

December

28

Required - What is the Mean Absolute Deviation (MAD) for August through December forecasts produced by using exponential smoothing with α = 0.1?

Reference no: EM133183187

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