Exponential Smoothing Using the table below to predict the yearly sales Use an of 0 2 and 0 8 Calculate the forecast error and the MAD for both Year Sales Exponential Smoothing 0 2 Forecast error 0 2 Exponential Smoothing 0 8 Forecast error 0 8 1 450 450 450 2 495 3 518 4 563 5 584 6 MAD Please show me your work so I can understand the process Thanks

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Question: Exponential Smoothing: Using the table below to predict the yearly sales. Use an of 0.2 and 0.8. Calculate the forecast error and the MAD for

Exponential Smoothing: Using the table below to predict the yearly sales. Use an of 0.2 and 0.8. Calculate the forecast error and the MAD for both .

Year	Sales	Exponential Smoothing =0.2	Forecast error =0.2	Exponential Smoothing =0.8	Forecast error =0.8
1	450	450		450
2	495
3	518
4	563
5	584
6	?

MAD____________________________________

Please show me your work so I can understand the process. Thanks.

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