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Use the exponential smoothing (EXS) method, with = 0.8, to forecast the revenue in Year 6. Use Excel to forecast. Note: please do not use

Use the exponential smoothing (EXS) method, with = 0.8, to forecast the revenue in Year 6. Use Excel to forecast. Note: please do not use Data Analysis Tool for this question, but use the formula of Ft+1= At+(1-)Ft .

Question 2) Use EXS, with = 0.8, to forecast the revenue in Year 6. Use Excel to forecast.
Year Revenues ($millions)
1 10
2 12
3 15
4 13
5 16
6

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