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Following are time-series data for ten different periods. Use exponential smoothing to forecast the values for...

Following are time-series data for ten different periods. Use exponential smoothing to forecast the values for periods 3 through 10. Use the value for the first period as the forecast for the second period. Compute forecasts using α = 0.8. Compute the MAD and MSE.

Time period Value
1 27
2 31
3 58
4 63
5 59
6 66
7 71
8 86
9 101
10 97
Math   Statistics-And-Probability   
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