Question: # 3 . A certain small company that runs a small local magazine has decided to raise some money by selling advertising on their website.

#3. A certain small company that runs a small local magazine has decided to raise some money by selling advertising on their website. They would like to be able to provide potential advertisers with a forecast of the site visits for the next two months. The data in the table is the number of site visits for the past 24 months.
Develop a linear trend line forecast, an exponential smoothing forecast (with alpha =0.5), and a 3-month moving average forecast. Compute MAD for all methods. Which method is the best to use to forecast for month 25?
Which method is the best for forecasting month 25? Linear, Exponential Smoothing, Moving Average
\#3. A certain small company that runs a small local magazine has decided to raise some money by selling advertising on their website. They would like to be able to provide potential advertisers with a forecast of the site visits for the next two months. The data in the table is the number of site visits for the past 24 months.
Develop a linear trend line forecast, an exponential smoothing forecast (with alpha \(=0.5\)), and a 3-month moving average forecast. Compute MAD for all methods. Which method is the best to use to forecast for month 25?
 #3. A certain small company that runs a small local magazine

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