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Your new manager is a rising star within the company who just completed an MBA degree and they are fascinated with the exponential smoothing technique.
Your new manager is a rising star within the company who just completed an MBA degree and they are fascinated with the exponential smoothing technique. Generate a forecast for period 5 using that technique with the following data and an alpha value of 0.10. (Keep one decimal place in your answer)
Period | Actual |
1 | 1195 |
2 | 1450 |
3 | 1413 |
4 | 1280 |
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