Question

Using the data below, what is the simple exponential smoothing forecast for the 4th week where...

Using the data below, what is the simple exponential smoothing forecast for the 4th week where α=0.4?

Week

Time Series Value

1

6.00

2

4.00

3

8.00

4

6.00
Math   Statistics-And-Probability   
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Answer #1

therefor smoothing forecast for week 4 is, 6.192

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