Question: Problem 3 The spreadsheet in the Handouts folder titled Hardware.xlxs contains the dollar value of the weekly sales items at a local hardware store for

Problem 3

The spreadsheet in the Handouts folder titled Hardware.xlxs contains the dollar value of the weekly sales items at a local hardware store for a period of 104 weeks. Use exponential smoothing with =0.1 and an initial value of $1500 to produce a forecast for week 105. Determine the value of MAD and MSE. Use a data table to compute MAD and MSE as varies from 0.1 to 0.6 in increments of 0.1.

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