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For the following list of data (number of sold cars in every year), apply exponential smoothing with trend for all the years below. (ie find

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For the following list of data (number of sold cars in every year), apply "exponential smoothing with trend" for all the years below. (ie find the Forecast including trend): case1 use: a=0.02 and B=0.2 - case2 use: for a 0.2 and B = 0.03 Calculate MAD for both cases (5 %). Decide which case values are better and why? (5 %) Assume trend is zero for the 2012 years. Year Number of sold cars 2012 2013 2014 2015 2016 2017 2018 2019 2020 110 143 160 134 151 185 199 211 265 Based on least squared regression method find the projections for the years 2021, 2022, and 2023. Plot the number of sold cars versus years (points graph) and show the trend line based on your projections. (5%)

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