Question: We have the following observed series: ( Beta = . 2 ) Period Observed 1 1 5 0 2 1 8 0 3 1 7

We have the following observed series: (Beta =.2)
Period
Observed
1
150
2
180
3
170
4
150
5
175
6
180
7
200
8
230
9
240
10
250
11
260
12
240
Using Adaptive Response Smoothing technique, find the forecast series and then calculate the MAPE. The MAPE is:
8.43%
7.47%
10.09%
8.05%

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