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A simple exponential with the smoothing coefficient set at 0.5 is run on 10 time periods of variable Y with the Megastat output provided below:
A simple exponential with the smoothing coefficient set at 0.5 is run on 10 time periods of variable Y with the Megastat output provided below: Simple Exponential Smoothing 1234567899 10 463 459 52 473 483 499 508 518 528 541 Alpha 50 Smoothed 464 464 461 462 467 475 487 498 508 518 529 = N Forecast 464 464 461 462 467 475 487 498 508 518 529 % error -0.2 -1.0 0.2 2.4 3.2 4.7 4.2 4.0 3.8 4.2 What is the forecast of Y for t = 11? Report your answer as a whole number.
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