Question: The U . S . monthly inflation rate for 2 0 1 6 is shown below: [ [ MONTH , INFLATION,,MONTH,INFLATION ] , [ January
The US monthly inflation rate for is shown below: MONTHINFLATION,,MONTH,INFLATIONJanuaryJuly,FebruaryAugust,MarchSeptember,AprilOctober,MayNovember,JuneDecember, a Compute the inflation rate for January using the exponential smoothing forecast with alpha and Assume that the forecast for February is b What is the MAD for each of the forecasts generated using the exponential smoothing method? Which method is better?
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