Question: Use exponential smoothing to solve the forecast. What is the MPE of the forecast? What is the MAE of the forecast? What is the U-stat

Use exponential smoothing to solve the forecast.

What is the MPE of the forecast?

What is the MAE of the forecast?

What is the U-stat of the forecast?

Find the best values for alpha that you can. How did you do it?

E Forecast 2004 8.0 B 1 Exponential Smoothing 2 Ship- 3 Date ments 4 Sept 6.7 5 Oct 5.6 6 Nov 6.0 7 Dec 8 Jan 5.5 9 Feb 5.1 10 Mar 6.9 11 Apr 5.5 12 May 5.5 13 Jun 7.6 Jul 5.9 15 Aug 6.0 16 Sept 7.9 17 Oct 7.2 18 Nov 7.1 19 Dec 9.1 20 Jan 6.8 21 Feb 22 Mar 8.5 23 Apr 6.9 24 7.0 25 Jun 8.6 26 Jul 7.0 27 Aug 28 NOWN o AN' OOOOLLOOOON 2005 6.7 2006 NO O OO 100 May O CON CONN 7.2

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