Question: ( a ) Calculate the single exponential smoothing forecast for these data using an alpha of 0 . 3 0 and an initial forecast
a Calculate the single exponential smoothing forecast for these data using an alpha of and an initial forecast F of
b Calculate the exponential smoothing with trend forecast for these data using an alpha of a delta of an initial trend forecast T of and an initial exponentially smoothed forecast F of
c Calculate the mean absolute deviation MAD for each forecast. Which forecasting model with or without trend is better?
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