Answer the Following Questions) Using Exponential Smoothing After Having Optimized

question 13

Multiple Choice

Answer the following questions) using exponential smoothing after having optimized α at 0.1 increments.
-Calculate the value of the mean absolute percentage error for the given data.

• A) 20.90
• B) 16.60
• C) 21.72
• D) 29.97

---

Definitions:

Need

A requirement or necessity for survival and well-being.

McClelland's

A theory of motivation that highlights the importance of three primary needs: the need for achievement, the need for affiliation, and the need for power.

McClelland's

Refers to David McClelland's theory of needs, which identifies three primary motivational drivers: the need for achievement, the need for affiliation, and the need for power.

Short-Term Goals

Objectives set to be achieved in a brief period, guiding immediate actions and strategies.