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Using Exponential Smoothing, If Ft = 33, Yt = 41

question 70

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Using exponential smoothing, if Ft = 33, yt = 41, and α = .20, what is the new forecast Ft+1?


Definitions:

Stimulants

Substances that increase activity in the brain and body, resulting in increased alertness, attention, and energy.

Central-Nervous-System Activity

Refers to the processes and actions coordinated by the brain and spinal cord that include sensory information processing and triggering muscle movements.

Binge-Drinking Episode

The consumption of an excessive amount of alcohol in a short period, typically leading to significant impairment.

Consciousness

The state of being aware of and able to think about one's surroundings, thoughts, and feelings.

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