Period   1         2    3       4Data       32     14   41     30 a. Make an exponential smoothing forecast for periods 2 through 5, with twovalues of α, 0.05 and 0.60, and an assumed forecast for period 1 of 30.b. Compute the MAD for each of the forecasts.c. Which value of α should you choose?

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Chapter2: Second-order Linear Odes
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Period   1         2    3       4
Data       32     14   41     30

a. Make an exponential smoothing forecast for periods 2 through 5, with two
values of α, 0.05 and 0.60, and an assumed forecast for period 1 of 30.
b. Compute the MAD for each of the forecasts.
c. Which value of α should you choose?

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