(c) Shasha Berhad are using exponential smoothing on an annual time series concerning total revenues (in RM millions) in their company. They decide to use a smoothing coefficient of a = 0.30, and the exponentially smoothed value for 2015 is E2013 = (0.30) (13.2) + 0.70(5.31). (i) What is the smoothed value of this series in 2015? Explain. (3 marks) This question paper consists of 4 questions on 19 printed pages. 3 KEQ1023 QUANTITATIVE TECHNIQUES II ection A Q1.(c) (Continued) (ii) With an appropriate understanding on the concept of time series, find the smoothed value of this series in 2016 if the value of the series in that year is RM1 1.1 million. Explain your findings. (6 marks)