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The Federal Election Commission maintains data showing the voting age population, the number of registered voters, and the turnout for federal elections. The following table

The Federal Election Commission maintains data showing the voting age population, the number of registered voters, and the turnout for federal elections. The following table shows the national voter turnout as a percentage of the voting age population from 1972 to 1996 (The Wall Street Journal Almanac, 1998).

Voter Turnout

Year

% Turnout

Year

% Turnout

1972

55

1986

36

1974

38

1988

50

1976

54

1990

37

1978

37

1992

55

1980

53

1994

39

1982

40

1996

49

1984

53

Part (a): Use exponential smoothing to forecast this time series. Consider smoothing constants of a = 0.1 and 0.2. What is the forecast of the percentage of turnout in 1998? Part (b): Use the mean absolute deviation (MAD) to determine which smoothing constant provides the best forecast of voter turnout.

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