Question: Based on the following data, complete empty cells of the table by using Exponential Smoothing method. Then, Forecast the value of Month 9 and compute
Based on the following data, complete empty cells of the table by using Exponential Smoothing method. Then, Forecast the value of Month 9 and compute the MSE index. (and consider the forecast of first month equal to 22). Month Real observations Forecast Forecast error Squared forecast error MSE 1 25 2 40 3 21 4 30 5 22 6 21 7 32 8 26 9
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