Question: Given the following historical data, compute the forecast value for period 9 and the MAD, using an exponential smoothing method with a smoothing factor of

Given the following historical data, compute the forecast value for period 9 and the MAD, using an exponential smoothing method with a smoothing factor of 0.7.

Period	Value
1	73
2	68
3	65
4	72
5	67
6	65
7	72
8	67

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