Question: Monthly electricity consumption data for two years is given by data2={464, 675, 703, 887, 1139, 1077, 1318, 1260, 1120, 963, 996, 960, 530, 883, 894,

Monthly electricity consumption data for two years is given by data2={464, 675, 703, 887, 1139, 1077, 1318, 1260, 1120, 963, 996, 960, 530, 883, 894, 1045, 1199, 1287, 1565, 1577, 1076, 918, 1008, 1061} and it is plotted in Figure below. Forecast the next years (monthly) electricity consumption by employing an appropriate Holt-Winters method. Let (alpha)=0.2 (Beta)=0.1 (Lambda)=0.1 Determine the initial values for level, trend and seasonality.Do not USE EXCELL seasonal forecasting coMonthly electricity consumption data for twommands

1500 1000 m 500 10 15 20

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