Question: Q2. A. Calculate forecast using exponential smoothing and weighted moving average methods of the following time series as indicated. [Marks2.5+2.5=5] B. Calculate Mean Absolute Difference

 Q2. A. Calculate forecast using exponential smoothing and weighted moving average

Q2. A. Calculate forecast using exponential smoothing and weighted moving average methods of the following time series as indicated. [Marks2.5+2.5=5] B. Calculate Mean Absolute Difference (MAD) for both the forecasted values. [Marks.1+1-2] C. Write your comment. [Mark.1] D. Briefly explain the difference between the Moving Average Method (n=3 ) and Weighted Moving Average Method (0.4, 0.3, 0.3) of forecasting. [Marks2] (Keep values to one decimal place only) Exponential Smoothing Weighted Moving Average: (0.4. Actual SN (=0.3 0.3, 0.3) values A Forecast : F Forecast : F 35 2 30 3 39 44 40 6 48 7 50

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