Question: Now change the alpha value to 0.1. How does this impact the data? Is your forecast more or less accurate and why? Alpha Beta Data

Now change the alpha value to 0.1. How does this impact the data? Is your forecast more or less accurate and why?

Now change the alpha value to 0.1. How does this

Now change the alpha value to 0.1. How does this

Alpha Beta Data 0.5 0.9 Period Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Demand 15 14) 19 25 17 12 21 18 11 Next period Forecasts and Error Analysis Smoothed Forecast Forecast, Smoothed Including Ft Trend, T Trend, FITError Absolute Squared Abs Pct Err 1 2 3 14 14 196 93.33% 9.00 7.40 16.40 5.00 5.00 25.00 35.7196 15.20 6.32 21.52 3.80 3.80 14.44 20.00% 20.26 5.19 25.45 4.74 4.74 22.47 18.969 25.22 4.99 30.21 -8.22 8.22 67.62 48.3796 23.60 -0.96 22.65 -11.60 11.60 134.66 96.70% 17.32 -5.75 11.57 3.68 3.68 13.52 17.5196 16.29 -1.51 14.78 1.71 1.71 2.93 09.52% 16.39 -0.06 16.33 -5.39 5.39 29.05 0.4899857 13.67 -2.46 11.21 Total 7.71 58.15 505.69 389.11% Average 0.86 6.46 56.19 43.23% Bias MAD MSE MAPE 8.499479 SE Forecasting 30 25 25.22 23.60 25 21 20.26 19 20 17 17.32 15 15.20 14 Value 15 12 9.00 10 5 1 0 0 B B C D E G H J K Alpha Beta Data 0.1 0.9 Period Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Demand 15 14 19 25 17 12 21 18 11 Next period Forecasts and Error Analysis Smoothed Forecast Forecast, Smoothed Including Ft Trend, TE Trend, FITError Absolute Squared Abs Pct Err 1 2 3 14 14 1961 93.33961 4.20 3.08 7.28 9.80 9.80 96.04 70.0096 7.95 3.68 11.64 11.05 11.05 122.06 58.1596 12.37 4.35 16.72 12.63 12.63 159.44 50.51% 17.55 5.09 22.641 -0.55 0.55 0.30 03.2396 22.08 4.58 26.66 -10.08 10.08 101.55 83.98961 25.20 3.27 28.46 -4.20 4.20 17.60 19.9896 27.72 2.59 30.31 -9.72 9.72 94.38 53.9791 29.08 1.49 30.56 - 18.08 18.08 326.81 1.6434531 28.61 -0.27 28.33 Total 4.86 90.09 1114.18 597.49961 Average 0.54 10.01 123.80 66.3996 Bias MAD MSE MAPE SE 12.61623 Forecasting 30 25 25.20 25 22.08 21 19 20 17-55 15 14 Value 15 12.37 12 10 7.95 4.20 5 1 0 0 1 2 3 4 5 6 7 00 Time Forecasts and Error Analysis

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