Question: Given the following data, use exponential smoothing with a 2 and a = .5 to generate forecasts for periods 2 through 6. Use MAD and

Given the following data, use exponential smoothing with a 2 and a = .5 to generate forecasts for periods 2 through 6.

Use MAD and MSE to decide which of the two mod- els produced a better forecast. Period Actual Forecast 15 17 23456 18 3 14 16 13 16

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