Question: Based on the following data, (A) Complete empty cells of the table by using Exponential Smoothing method. ( and consider the forecast of first month

Based on the following data,

(A) Complete empty cells of the table by using Exponential Smoothing method. ( and consider the forecast of first month equal to 20).

(B) Forecast the value of Month 6.

(C) Compute the MSE and MAD index.

Month

Real observations

Forecast

Forecast error

Squared forecast error

Absolute deviation

1

23

2

41

3

19

4

33

5

26

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