The Intrepid mutual fund of growth stocks has had the following average monthly price for the past

Question:

The Intrepid mutual fund of growth has had the following average monthly price for the past 10 months.
Month Fund Price
1 ......62.7
2 ......63.9
3 ......68.0
4 ......66.4
5 ......67.2
6 ......65.8
7 ......68.2
8 ......69.3
9 ......67.2
10 .......70.1

Compute the exponentially smoothed forecast with α = 0.40, the adjusted exponentially smoothed forecast with α = 0.40 and β = 0.30, and the linear trend line forecast. Compare the accuracy of the three forecasts using cumulative error and MAD, and indicate which forecast appears to be most accurate.

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...