Question: d) Write out the forecast for the next 8 years (thru the year 2017) based on this linear trend. e) Use exponential smoothing with =0.2

d) Write out the forecast for the next 8 years

d) Write out the forecast for the next 8 years (thru the year 2017) based on this linear trend. e) Use exponential smoothing with =0.2 to develop a forecast thru year 2010 for the given data. Find the MSE for this forecast. f) Explain which of these methods provides the better forecast based on MSE. g) If the LINEAR trend equation is used, in what year will this company achieve a level lower than 5\%? 22. The Seneca Children's Fund (SCC) is a local charity that runs a summer camp for disadvantaged children. The fund's board of directors has been working very hard over recent years to decrease the amount of overhead expenses, a major factor in how charities are rated by independent agencies. The following data show the percentage of the money SCC has raised that were spent on administrative and fund-raising expenses for 2003-2009

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