(See Steps) In the nine months since new parking regulations were introduced the numbers of vehicles impounded by a city highways department were: Month:
Question: In the nine months since new parking regulations were introduced the numbers of vehicles impounded by a city highways department were:
Month: 1 2 3 4 5 6 7 8 9
Vehicles: 207 246 195 233 218 289 248 292 276
- Apply the exponential smoothing model with an alpha value of 0.5 to predict values of the series to the tenth month.
- Portray the actual values and the forecasts on the same graph.
- Work out the mean squared deviation ( MSD) for the model.
Deliverable: Word Document 