The data file Product Sales shows 24 annual observations on sales of a product. Use simple exponential
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The data file Product Sales shows 24 annual observations on sales of a product. Use simple exponential smoothing with smoothing constant a = 0.5 to obtain forecasts of sales for the next 3 years.
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Related Book For
Statistics For Business And Economics
ISBN: 9781292436845
10th Global Edition
Authors: Paul Newbold, William Carlson, Betty Thorne
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