Question: Using the data from Exercise 2.1, calculate MAD and MAPE for exponential smoothing forecasts with a 5 0.3 and with a 5 0.5. Does varying

Using the data from Exercise 2.1, calculate MAD and MAPE for exponential smoothing forecasts with a 5 0.3 and with a 5 0.5. Does varying the values of a provide a more accurate forecast?

TABLE EX 2. Months July August September October November December Visits 2,160 2,186 2,246 2,251 2,243 2,162

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