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Answer the following questions) using exponential smoothing after having optimized α at 0.1 increments.
-What is the forecasted value for the 3rd week?
Middle-Class Household
A socioeconomic classification referring to households with an income level, lifestyle, and occupation that place them between the working class and the upper class.
Spending Habits
Patterns or practices of how individuals allocate their money for consumption, saving, and investing, reflecting their priorities, values, and economic conditions.
Counterfeit Products
Imitations of genuine products, designed to take advantage of the superior value and reputation of the imitated product.
Lesser-status Person
An individual considered to have lower social, professional, or hierarchical standing in comparison to others within a group or society.
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