The U.S. trade deficit with Canada (billions of dollars) from 2000 through 2007 is reported as shown

Question:

The U.S. trade deficit with Canada (billions of dollars) from 2000 through 2007 is reported as shown in the table. Using exponential smoothing and the smoothing constant α = 0.7, what deficit would have been forecast for 2008?
The U.S. trade deficit with Canada (billions of dollars) from
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: