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Stock Exchange
Membership on a Stock Exchange for Five Years

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Stock exchange
Membership on a stock exchange for five years is given below:  Year  Members 19965201997510199850519995082000512\begin{array} { | c | c | } \hline \text { Year } & \text { Members } \\\hline 1996 & 520 \\1997 & 510 \\1998 & 505 \\1999 & 508 \\2000 & 512 \\\hline\end{array}
-Use the exponential smoothing procedure to obtain estimates of the trend (this is not the logarithm approach here).Set the smoothed value for 1996 equal to the actual and use a smoothing constant, α\alpha = 0.4.Compute the forecasted value for 2000.

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Definitions:

Socially Active

The state or condition of being engaged and active in social contexts, including participating in group activities or contributing to community and social networks.

Higher Education

Post-secondary education provided by universities and colleges, offering a range of academic and professional degrees.

Dynamically Continuous Innovation

Innovations that represent a moderate change to existing products or services, often involving some new features or significant improvements without completely displacing the old ones.

Continuous Innovation

Incremental updates or improvements to a product or service that do not significantly alter consumer behavior but enhance value.

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