Question: actual question info from 29 2:30 Resolve Problem 29 with a = 0.3. Using MAD. which smoothing constant provides a better forecast? a in Toxoniatoto

2:30 Resolve Problem 29 with a = 0.3. Using MAD. which smoothing constant provides a better forecast? a in Toxoniatoto colen FORECASTING DOO com- OWS 68.5 ER MONTH BOV a INCOME ($1,000S) Februaryvolod oldet of 70.0 2 1 March ABY April ABY SHASTY 64.8 May 185 71.7 HITSAUD June 71.3 821 July E DEI 72.8 CSETTSLALO 801 SOT Use exponential smoothing to forecast August's in- all come. Assume that the initial forecast for February This $65,000. The smoothing constant selected is Q = 0.1. Gol o b
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