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The demand for a drink in the neighbourhood pub has varied during the last nine months as shown in the following table: Month Demand January
The demand for a drink in the neighbourhood pub has varied during the last nine months as shown in the following table:
Month | Demand |
January | 921 |
February | 985 |
March | 854 |
April | 962 |
May | 963 |
June | 799 |
July | 896 |
August | 910 |
September | 875 |
Using Alpha of 0.2, forecast the demand for the months February through September using exponential smoothing, and calculate MAD.
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