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)

	Yield of Groundnut (Kg./hectare)
2000-01	977
2001-02	1127
2002-03	694
2003-04	1357
2004-05	1020
2005-06	1187
2006-07	866
2007-08	1459
2008-09	1163
2009-10	991
2010-11	1411
2011-12	1323
2012-13	995
2013-14	1764
2014-15	1552
2015-16	1465
2016-17	1398
2017-18	1893
2018-19	1422
2019-20	2063
2020-21	1703
2021-22	1758

Data Source: RBI

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