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QUESTION 5 The sales amount of a product over the past 6 months are given. A) Use a = 0.2 to develop an exponential
QUESTION 5 The sales amount of a product over the past 6 months are given. A) Use a = 0.2 to develop an exponential smoothing forecast model for the time series. You are free to use Excel formulas or the Data Analysis ToolPak. [7 points] B) Compute the Mean Squared Error (MSE) of the model (No need to calculate MFE, MAE, or MAPE). [7 points
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