Consider the Following Time Series Data A)10443
B)12
C)9)443
D)12

question 44

Multiple Choice

Consider the following time series data.Suppose that you use exponential smoothing with an alpha of 0.7 to fit a forecasting model.The forecast for period 7 is
$$\begin{array} { | c | c | c | } \hline \text { Period } & \text { Forecast } & \text { Actual value } \\\hline \text { Period 1 } & 10 & 10 \\\hline \text { Period 2 } & 10 & 11 \\\hline \text { Period 3 } & 10.7 & 9 \\\hline \text { Period 4 } & 9.51 & 12 \\\hline \text { Period 5 } & 11.253 & 13 \\\hline \text { Period 6 } & 12.476 & 11 \\\hline\end{array}$$

• A)10.443
• B)12
• C)9)443
• D)12.443
• E)11.443

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