Question: Using an initial estimate of 1 2 0 , apply the exponential smoothing method retrospectively to last year's sales with alpha = 0 .

Using an initial estimate of 120, apply the exponential smoothing method retrospectively to last year's sales with \alpha =0.1,0.2,0.3,0.4, and 0.5. Compare both MAD and MSE for these five values of the smoothing constant \alpha .
MonthSalesJanuary 126February137March142April150May153June154July148August145September147October151November159December166

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