Using exponential smoothing and the time series provided


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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Basic Statistics: Using exponential smoothing and the time series provided
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