Question: Hello could someone please have a go at this question please? Ten weeks of data on the Commodity Futures Index are 7.35, 7.40, 7.55, 7.56,

Hello could someone please have a go at this question please?

Ten weeks of data on the Commodity Futures Index are 7.35, 7.40, 7.55, 7.56, 7.60, 7.52, 7.52, 7.70, 7.62, and 7.55.

a.) Construct a time series plot. What type of pattern exists in the data?

b.) Compute the exponential smoothing forecasts for =.2.

c.) Compute the exponential smoothing forecasts for =.3.

d.) Which exponential smoothing constant provides more accurate forecasts based on MSE? Forecast week 11.

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