Question: Use Excel to solve the following: please show formulas for excel. Compute the exponentially smoothed forecast with = 0.4, and adjusted exponentially smoothed forecast with

Use Excel to solve the following: please show

Use Excel to solve the following:

please show formulas for excel.

Compute the exponentially smoothed forecast with = 0.4, and adjusted exponentially smoothed forecast with = 0.4 and = 0.3. Compare the accuracy of the two forecasts using MAD (mean absolute deviation), and indicate which forecast appears to be most accurate.

12.7 The Intrepid mutual fund of growth stocks has had the following average monthly price for the past 10 months. MONTH FUND PRICE 1 62.7 2 63.9 3 68.0 4 66.4 5 67.2 6 65.8 7 68.2 8 69.3 9 67.2 10 70.1

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