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Use the data given below to answer the following question(s) .
The table provided below gives the sales details of the number of android smart phones at an electronic retail store for the past 6 weeks.The time series appears to be relatively stable, without trend, seasonal, or cyclical effects.The value of k is set at 3.(Hint: Optimize α value.)
-What is the forecasted value for the 7th week?
Low Income Families
Households earning significantly less than the average income, often qualifying them for certain types of government assistance.
Full Time
Employment status where an individual works a minimum number of hours defined by their employer as full-time, typically around 40 hours per week.
Offshoring
The practice of relocating business processes or services to another country, often to reduce costs.
Shift-work Parents
Parents who work non-traditional hours outside the typical 9-to-5 work schedule, which may impact family routines and childcare arrangements.
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