What Is This Year's Forecast Using Trend Adjusted (Double) Smoothing

question 106

Short Answer

What is this year's forecast using trend adjusted (double) smoothing with alpha = 0.2 and beta = 0.1, if the forecast for last year was 56, the forecast for two years ago was 46, and the trend estimate for last year's forecast was 7?

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Definitions:

Presidential Debates

Formal debates between presidential candidates, often broadcasted to the public, where they discuss their policies, answer questions, and present their visions for the future governance of their country.

Coding by Topic

Categorizing qualitative data based on specific themes or topics to organize and simplify the analysis process.

Materials

Physical or digital objects or substances from which something is made or can be made, often used in the context of manufacturing, research, or artistic creation.

Topic

The subject or main theme that is being discussed or considered in a conversation, document, or study.