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Forecasts and actual sales of MP3 players at Just Say Music are as follows: Month Forecast Actual Sales March 170 160 April 237 246 May

Forecasts and actual sales of MP3 players at Just Say Music are as follows:

Month Forecast Actual Sales
March 170 160
April 237 246
May 206 187
June 253 237
July 264 244
August 260 220
September 290 240
October 258 164

MSE values based on the two- and three-period moving average are 1,090.08 and 1,403.04, respectively.

Find the best single exponential smoothing model by evaluating the MSE from 0.1 to 0.9, in increments of 0.1. Do not round intermediate calculations. Round your answers to two decimal places.

Alpha MSE

0.10

.20.

.30

.40.

.50

.06

.70

.80

.9

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