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  3. 3. the krov band is touring the uk. they have play

3. The Krov band is touring the UK. They have played eight dates and already their...

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Advance Math

3. The Krov band is touring the UK. They haveplayed eight dates and already their tour is a great success. Totalpost-gig sales (merchandising, CDs etc.) on each date havebeen:

Date no.

Sales (£000s)

1

3

2

7

3

15

4

14

5

18

6

21

7

16

8

22

9

  1. Apply the exponential smoothing model with a coefficient of 0.4to predict the value of post-gig sales after the next tour date(Date no. 9).
  2. Compute the Mean Square Deviation (MSD).
  3. Exponential smoothing with a coefficient of 0.6 was found tohave a MSD = 28.592. Which model is better in terms ofprediction?

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