Question: Once you identify and develop an appropriate exponential smoothing model with the starting values for parameter ( s ) = 0 . 5 , what

Once you identify and develop an appropriate exponential smoothing model with the starting
values for parameter(s)=0.5, what are the following numerical values:
1. The within-sample forecast for July 2022.
2. The out-of-sample forecast for May 2023.
3. The out-of-sample forecast for January 2024.
4. The MAPE.
5. The MAE.
Critically think for a way to optimise alpha and beta (if there is no beta, you can input 0 for
question 7) via the MSE, and report the following values after your optimisation:
6. Alpha.
7. Beta.
8. The MAPE.
9. The within-sample forecast for July 2022.
10. The out-of-sample forecast for January 2024.

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