Question: QUESTION 5 Using an exponential smoothing forecasting technique with a = 0.15, calculate the mean absolute forecast error (MAE) for this time series. 4.109 3.419

QUESTION 5 Using an exponential smoothing

QUESTION 5 Using an exponential smoothing forecasting technique with a = 0.15, calculate the mean absolute forecast error (MAE) for this time series. 4.109 3.419 3.025 4.871 Year Profit 1 2 3 4 5 6 7 8 9 10 11 12 45 51 55 50 49 48 52 56 44 49 50 51 48 50 49 13 14 15

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