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The classified department of a monthly magazine has used a combination of quantitative and qualitative methods to forecast sales of advertising space. Results over a

The classified department of a monthly magazine has used a combination of quantitative and qualitative methods to forecast sales of advertising space. Results over a 20-month period are as follows:
MonthError1-72-3314651365718-39-1310-211412713814315216-417-418-719-420-1
Click here for the Excel Data File
a. Compute a tracking signal for months 11 through 20. To do so, compute an initial value of MAD for month 11, and then update it for each month using exponential smoothing with =.2.
Note: Leave no cells blank - be certain to enter "0" wherever required. Negative values should be indicated by a minus sign. Round your intermediate calculations and finalanswers to 3 decimal places.
b-1. Using the first half of the data, construct a control chart with 2s limits.
Note: Round your intermediate calculations to 3 decimal places and final answer to 2 decimal places.
b-2. What can you conclude?
multiple choice
Only the error for month 9 is outside of the limits.
Only the error for month 5 is outside of the limits.
All errors are within these limits.

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