Question: Draw the appropriate chart using MS EXCEL, also carryout Exponential Smoothing model in MS EXCEL for the given Alpha values, copy the results ( from

Draw the appropriate chart using MS EXCEL, also carryout Exponential Smoothing model
in MS EXCEL for the given Alpha values, copy the results (from EXCEL to Word) and explain
which alpha is relatively better for the forecast. In this journey of identification of relatively
better way of forecasting you may take the support of MAD and MSE type of errors. Suggested
Alpha values are 0.1,0.2,0.5,0.7,0.9.(10 Marks)
NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Decision Science
Internal Assignment Applicable for December 2023 Examination
Yield of
Groundnut
(Kg./hectare)
2000-01977
2001-021127
2002-03694
2003-041357
2004-051020
2005-061187
2006-07866
2007-081459
2008-091163
2009-10991
2010-111411
2011-121323
2012-13995
2013-141764
2014-151552
2015-161465
2016-171398
2017-181893
2018-191422
2019-202063
2020-211703
2021-221758

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