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This is what I did: 0.0320-[(0.8-0.75)/(0.8-0.6)](0.0320-0.0960) = 0.048. Am I correct? Suppose that we use the smoothing factor o:=0.7 in the exponential smoothing method. What

This is what I did: 0.0320-[(0.8-0.75)/(0.8-0.6)](0.0320-0.0960) = 0.048. Am I correct?

Suppose that we use the smoothing factor o:=0.7 in the exponential smoothing method. What is the weight assigned to the second most recent observation by this method? Note: Do not round your

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