Question: Initialize the exponential smoothing with correction for trend model using the above data. Suppose 1 4 5 X 1 = and 1 6 0 .

Initialize the exponential smoothing with correction for trend model using the
above data. Suppose
145 X1=
and
160. X 2=
Apply the model through periods
1 and 2 using
=0.2 HW
and
=0.3 HW
. Calculate one-period-ahead-forecast
errors for periods 1 and 2 and using these two forecast errors, calculate the
estimate of the standard deviation of one-period-ahead forecast error,

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