Question: Given the attached data. Answer the following questions using an initial alpha value of 0.2. t At 1 7813 2 12005 3 8217 4 7770

Given the attached data. Answer the following questions using an initial alpha value of 0.2.

t At
1 7813
2 12005
3 8217
4 7770
5 11093
6 8803
7 13032
8 5698
9 6184
10 12736
11 3642
12 7118
13 3192
14 4039
15 9537
16 9625
17 8381
18 3723
19 2306
20 4177
21 5867
22 9968
23 3046
24 5477
25 9814
26 6671
27 11788
28 9134
29 6455
30 5173
31 8810
32 5800
33 4868
34 9972
35 7315
36 7029
37 2417
38 7417
39 7775
40 10249
41 3875
42 11276
43 5393
44 8704
45 6944
46 6919
47 2990
48 2872
49 2573
50 6716

1. Compute your forecast for period 51.

The potential answers are:

A: 5417.68 units.

B: 8672.65 units.

C: 5901.35 units.

D: 5617.06 units.

E: 5663.93 units.

2. Compute the MAD value for period 50.

The potential answers are:

A: 3339.95 units.

B: 2469.15 units.

C: 2127.42 units.

D: 3523.23 units.

E: 2723.72 units.

3. Compute standard deviation of forecast for period 51.

The potential answers are:

A: 3086.43 units.

B: 4823.98 units.

C: 2659.28 units.

D: 4404.04 units.

E: 3404.66 units.

4. Compute the best alpha value to three decimal points.

The potential answers are:

A: 0.101.

B: 0.046.

C: 0.185.

D: 0.001.

E: 0.217.

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