Use the information in part a to determine the value for (alpha symbol) that produces...
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Accounting
Use the information in part a to determine the value for (alpha symbol) that produces the most accurate ES forecast. Use three values for (alpha symbol) : 0.6, 0.8, and o.4. Base your answer on the MAD. Use a forecasted NCF of $16,000 (calculated using a 2-Day MA) for Day 3.
Part A
| 5 day | 15,800 |
| 4 day | 16,000 |
| 3 day | 15,666.67 |
| 2 day | 17,000 |
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