Question: Using the above data and exponential smoothing with trend adjustment, forecast the opening DJIA value for 2 0 0 1 - 2 0 2 4

Using the above data and exponential smoothing with trend adjustment, forecast the opening DJIA value for 2001-2024 with \alpha =0.8 and \beta =0.2. Use the actual DJIA value of 2000(11,358) as the forecast for year 2000. Compare the MSE for this technique with the MSE for the trend line method in (a). What is the forecast for 2025 using this method?

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