We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>

Looking For Something at vustudents.ning.com? Click Here to Search

www.bit.ly/vucodes

+ Link For Assignments, GDBs & Online Quizzes Solution

www.bit.ly/papersvu

+ Link For Past Papers, Solved MCQs, Short Notes & More

Total Marks 10
Starting Date Wednesday, November 08, 2017
Closing Date Tuesday, November 14, 2017
Status Open
Question Title GDB 1
Question Description 
The following demand set is to be used to test two basic Exponential Smoothing models of forecasting. The first model uses α = 0.1 and the second one uses α = 0.5.

For both values of α, forecast the demand for Month 13. Also, calculate Mean Absolute Deviation (MAD) and conclude which model (i.e. value of α) is more appropriate.

Month

Demand

1

51

2

47

3

51

4

55

5

52

6

46

7

49

8

56

9

51

10

48

11

55

12

49

13

?

NOTE:

Show all forecasts along with necessary calculations in tabular form.
Compare MAD for both models and clearly mention which value of α gives better forecasts.
You may solve the problem in MS Excel and copy/paste the table in GDB comments.
IMPORTANT INSTRUCTIONS:

Your discussion must be based on calculations.
The GDB will open and close at above specified date and time. Please note that no grace day or extra time will be given for posting comments on GDB.
Your answer should be relevant to the topic i.e. no definitions & theoretical explanations are required.
Do not copy or exchange your answer with other students. Two identical/ copied comments will be marked Zero (0) and may damage your grade in the course.
Books, websites and other reading material may be consulted before posting your comments; but copying or reproducing the text from books, websites and other reading materials is strictly prohibited. Such comments will be marked as Zero (0) even if you provide references.
Obnoxious or ignoble answer should be strictly avoided.
You cannot participate in the discussion after the due date via email.
Questions / queries related to the content of the GDB, which may be posted by the students on MDB or via e-mail, will not be replied till the GDB is open.

+ How to Join Subject Study Groups & Get Helping Material?

+ How to become Top Reputation, Angels, Intellectual, Featured Members & Moderators?

+ VU Students Reserves The Right to Delete Your Profile, If?


See Your Saved Posts Timeline

Views: 384

.

+ http://bit.ly/vucodes (Link for Assignments, GDBs & Online Quizzes Solution)

+ http://bit.ly/papersvu (Link for Past Papers, Solved MCQs, Short Notes & More)

+ Click Here to Search (Looking For something at vustudents.ning.com?)

+ Click Here To Join (Our facebook study Group)

Replies to This Discussion

Please Discuss here about this GDB.Thanks

Please Discuss here about this assignment.Thanks

Our main purpose here discussion not just Solution

We are here with you hands in hands to facilitate your learning and do not appreciate the idea of copying or replicating solutions. Read More>>

 

Note:-

For Important Helping Material related to this subject (Solved MCQs, Short Notes, Solved past Papers, E-Books, FAQ,Short Questions Answers & more). You must view all the featured Discussion in this subject group.

For how you can view all the Featured discussions click on the Back to Subject Name Discussions link below the title of this Discussion & then under featured Discussion corner click on the view all link.

Or visit this link 

Click Here For Detail.

&

.•°How to Download past papers from study groups°•.

 

Please Click on the below link to see…

.... How to Find Your Subject Study Group & Join .... 

 

P.S:    Please always try to add the discussion in proper format title like “CS101 Assignment / GDB No 01 Solution & Discussion Due Date: ___________”

any ideas???

Mean Absolute Deviation of model (a=0.1) is less so this model is more appropriate.

RSS

Latest Activity

+ ! ! ! ! ! ! ! ! ! AG liked 2.O's discussion Difference B/w Null and Undefined (Only Devs can understand) :P :P
38 minutes ago
+ ! ! ! ! ! ! ! ! ! AG liked Azhar Sagar's discussion Requirements of final year project and selection method
38 minutes ago
+ ! ! ! ! ! ! ! ! ! AG liked + Adeeena's discussion sometimes......
38 minutes ago
+ ! ! ! ! ! ! ! ! ! AG liked + Adeeena's discussion har shakhas muhabt krta hae !!!
38 minutes ago
+ ! ! ! ! ! ! ! ! ! AG liked + "AS"'s discussion Jo Ghair Thy..
38 minutes ago
+ ! ! ! ! ! ! ! ! ! AG liked + "AS"'s discussion Zabt Sabhi ...
38 minutes ago
+ ! ! ! ! ! ! ! ! ! AG liked +++STUDENT+++'s discussion YA Allah
38 minutes ago
+ ! ! ! ! ! ! ! ! ! AG liked +++STUDENT+++'s discussion Mja kun sy kr tu
38 minutes ago
+ ! ! ! ! ! ! ! ! ! AG liked Azhar Sagar's discussion Learn complete HTML IN 40 Minutes
38 minutes ago
+ ! ! ! ! ! ! ! ! ! AG liked +++STUDENT+++'s discussion poetry
38 minutes ago
+ ! ! ! ! ! ! ! ! ! AG liked + "AS"'s discussion Neelam Mat Karna ...
38 minutes ago
+ ! ! ! ! ! ! ! ! ! AG liked +++STUDENT+++'s discussion could your life change
38 minutes ago
+ ! ! ! ! ! ! ! ! ! AG liked +++STUDENT+++'s discussion true poetry
38 minutes ago
+ ! ! ! ! ! ! ! ! ! AG liked + "Jɨyą's discussion me esi hon...!
38 minutes ago
+ "Jɨyą replied to + "Jɨyą's discussion me esi hon...!
56 minutes ago
sonio updated their profile
1 hour ago
Sher Ahmed Khan posted a status
"Assalam o Alaikum! Me ne 23rd sept ko form jama karaya tha lekin mujhe abhi tak student id wali mail nhi aaye he.........plz help"
2 hours ago
+++Mahoo+++ liked +++STUDENT+++'s discussion YA Allah
2 hours ago
+++Mahoo+++ liked +++STUDENT+++'s discussion YA Allah
2 hours ago
+++Mahoo+++ liked +++STUDENT+++'s discussion Mja kun sy kr tu
2 hours ago

Today Top Members 

© 2019   Created by + M.Tariq Malik.   Powered by

Promote Us  |  Report an Issue  |  Privacy Policy  |  Terms of Service