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Using exponential smoothing and the time series provided below, find the forecast for time period 6. Use 0.2 as the smoothing constant (to 3 dec.
Using exponential smoothing and the time series provided below, find the forecast for time period 6. Use 0.2 as the smoothing constant (to 3 dec. pl).
t | Y(t) |
1 | 60 |
2 | 65 |
3 | 80 |
4 | 77 |
5 | 81 |
6 | 91 |
7 | 85 |
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