Question: One student develops a forecasting model using exponential smoothing method with smoothing constant (alpha) value of 0.5. As she compares the actual values to the

One student develops a forecasting model using exponential smoothing method with smoothing constant (alpha) value of 0.5. As she compares the actual values to the model generated values (forecast values) for 5 time periods, the MAD value comes out as 5.0. She then tries alpha value of 0.6 and MAD value comes out as 6.0. What alpha value should she try next?

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