Question: Part 2: Holt's model (o = 0.4, 3 = 0.2) Obtain the Initial level LO and trend TO weling the regression approach dlecuseed In text

Part 2: Holt's model (o = 0.4, 3 = 0.2) Obtain the Initial level LO and trend TO weling the regression approach dlecuseed In text (no need to deseasonal zed). Treat time period as X and demand as Y 1. Period 1: Extimote level compenem: [LI) and trend component (TI). 2. Period : Entimotc level component [L?) and trend component (T]]. 3. Period . Extimote level compene-:[13) and trend c:-ponent [T3]. 4. Peried 4: Entimotc loved component (L4) and trend :-ponent [T4]. 5. Forecast demand (F:) for perioch 1-4. 5. Forecast demand (F:) far periocho 5.8. 7. Cellculate forecast errors: MSE, MAD, and TS

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