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The total number of thousands of tons of coal produced per year over a 10-year period for a certain region is provided in the accompanying
The total number of thousands of tons of coal produced per year over a 10-year period for a certain region is provided in the accompanying dataset. Use double exponential smoothing to determine which pairs of values for
and minimize MAD for this dataset.
=0.2,
=0.9;
=0.4,
=0.3;
=0.9,
=0.6
First find the MAD for each pair of values, and .
(Type integers or decimals rounded to two decimal places as needed.)
MAD | ||
---|---|---|
0.2 | 0.9 | nothing |
0.4 | 0.3 | nothing |
0.9 | 0.6 | nothing |
Year | Coal Production (thousands of tons) | |
1 | 434330 | |
2 | 420420 | |
3 | 439045 | |
4 | 477198 | |
5 | 504185 | |
6 | 526956 | |
7 | 546819 | |
8 | 564888 | |
9 | 556710 | |
10 | 570979 | |
Thank you! |
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