Question: Before you begin Exercise 1 , let s check that you have the right data! The average should be 1 6 1 7 ! Once

Before you begin Exercise 1, lets check that you have the right data! The average should be 1617!
Once you identify and develop an appropriate exponential smoothing model with the starting values for parameter(s)=0.5, what are the following numerical values:
1. The within-sample forecast for January 2023.
2. The out-of-sample forecast for October 2023.
3. The out-of-sample forecast for June 2024.
4. The MAPE.
5. The MAE.
Critically think for a way to optimise alpha and beta (if there is no beta, you can input 0 for question 7) via the MSE, and report the following values after your optimisation:
6. Alpha.
7. Beta.
8. The MAPE.
9. The within-sample forecast for January 2023.
10. The out-of-sample forecast for June 2024.

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