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You have calculated an exponential smoothing forecast of your professors December 2022 natural gas bill ( Y 12.19.22 =$59.43 ) using a smoothing constant (or

You have calculated an exponential smoothing forecast of your professors December 2022 natural gas bill (Y12.19.22=$59.43) using a smoothing constant (or ) of 0.3. Let Y4.19.23 be the forecasted amount to be billed on April 19. Based on the time series and a smoothing constant of 0.3, which answer below would be your forecast of the amount billed on April 19, 2023?

$67.83

$106.44

$123.80

$131.11

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