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Ben Swanson now has decided to use the exponential smoothing method to forecast future sales of washing machines, but he needs to decide on which
Ben Swanson now has decided to use the exponential smoothing method to forecast future sales of washing machines, but he needs to decide on which smoothing constant to use. Using an initial estimate of apply this method retrospectively to the months of last year with alpha and
Compare MAD for these three values of the smoothing constant alpha Then do the same with MSE.
Note: Round your answers to decimal place.
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