Question: Repeat the calculations in Problem 5 1 using simple exponential smoothing, and allow the smoothing constant to be a variable. That is , the smoothing
Repeat the calculations in Problem using simple exponential smoothing, and allow the smoothing constant to be a variable. That is the smoothing constant should be a cell location. By experimenting with different values of determine the value that appears to minimize the
a MAD
b MSE
c MAPE
Assume that the forecast for month is
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