[See Solution] Use exponential smoothing with a smoothing constant 0.3 to forecast the registrations at the seminar given in Problem 4.10. To begin the


Question: Use exponential smoothing with a smoothing constant 0.3 to forecast the registrations at the seminar given in Problem 4.10. To begin the procedure, assume that the forecast for year 1 was 5,000 people signing up.

  1. What is the MAD?
  2. What is the MSE?

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