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Monthly attendance at financial planning seminars for the past 24 months and forecasts and errors...

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Monthly attendance at financial planning seminars for the past 24 months and forecasts and errors for those months are shown in the following table Determine if the forecast is working by computing a tracking signal beginning with month 10 updating MAD with exponential smoothing Use an alpha value of 0 2 Round all your calculations to three decimal points Month 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Attend 42 47 51 51 46 43 37 33 26 23 30 34 43 56 62 59 54 53 45 38 36 34 42 46 Forecast 41 43 54 50 55 41 37 27 27 29 32 34 53 57 72 61 58 52 41 33 40 43 36 56 A F lel Cumulative lel MAD Cumulative Error Tracking Signal

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