The Forecast Value for August Was 12 and the Actual $\alpha$

question 54

Multiple Choice

The forecast value for August was 12 and the actual value turned out to be 5.Using exponential smoothing with $\alpha$ = 0.20, the forecast value for September would be ___.

• A)10.10
• B)9.88
• C)12.00
• D)10.6
• E)11

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