Question: Time Series and Forecasting ( 2 0 points ) Consider the following partially filled forecast table made by a consumer electronics retailer about the average

Time Series and Forecasting (20 points)
Consider the following partially filled forecast table made by a consumer electronics retailer about the average number of employees in outlets. The forecast was made by utilizing single exponential smoothing method with an alpha ()=0.1. Answer the following question based on the time series plot and partially completed table.
\table[[completed table.,Avg. no. of],[Year,\table[[Absolute],[employees]],\table[[Forecast],[Forecast],[Error]],],[1,20.50,20.50,],[2,17.60,20.50,2.90],[3,18.70,20.21,1.51],[4,21.40,20.06,1.34],[5,23.10,20.19,2.91],[6,19.70,20.48,0.78],[7,18.60,20.41,1.81],[8,16.50,20.22,3.72],[9,19.20,19.85,0.65],[10,20.10,19.79,0.31],[11,,?,],[alpha =,0.1,SUM =,15.94],[,,MAD =,?
 Time Series and Forecasting (20 points) Consider the following partially filled

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