[Solved] The Kuwaiti Mutual Fund of growth stocks has had the following average monthly price for the past 10 months: Manual solution is needed

The Kuwaiti Mutual Fund of growth stocks has had the following average monthly price for the past 10 months: Manual solution is needed.

Q.1 – Compute the simple exponentially smoothed forecast with$$\alpha =0.4$$

Q.2 – Compute the adjusted exponentially smoothed forecast with$$\alpha =0.4$$and$$\beta =0.3$$

Q.3 – Compare the accuracy of the two forecasts using MAD and MAPD.

and indicate which forecast appears to be most accurate.

Expert Answer

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Answer to The Kuwaiti Mutual Fund of growth stocks has had the following average monthly price for the past 10 months: Manual solution is needed….