Question: Ten months of data and the forecasts for those same periods are in the table below. Create an exponential smoothing forecast for February onwards, assuming

Ten months of data and the forecasts for those same periods are in the table below. Create an exponential smoothing forecast for February onwards, assuming that the January forecast was 42. Which value of alpha gives the best forecast using the MAPE criterion?
Month Actual
January 42
February 58
March 58
April ,77
May 91
June ,102
July ,124
August 148
September 171
October 177
alpha =0.4
alpha =0.2
alpha =0.3
 Ten months of data and the forecasts for those same periods

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