=E c. Using an initial estimate of 120, apply the exponential smoothing method retrospectively to last years

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=E

c. Using an initial estimate of 120, apply the exponential smoothing method retrospectively to last year’s sales with 0.1, 0.2, 0.3, 0.4, and 0.5. Compare both MAD and MSE for these five values of the smoothing constant .

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