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Consider the Following Data

question 56

Essay

Consider the following data. Consider the following data.   Calculate S<sub>5</sub> using simple exponential smoothing if S<sub>3</sub> = 19.064 and α = 0.2. Calculate S5 using simple exponential smoothing if S3 = 19.064 and α = 0.2.


Definitions:

Percent Equivalent

A value expressed as a percentage that represents the equivalence of two ratios or a fraction to a percentage.

Five-figure Accuracy

A level of precision in numerical or quantitative information that includes five significant digits.

Terminating Decimal

A decimal number that ends or has a finite number of digits after the decimal point.

Decimal Equivalent

The decimal form of a fraction, representing the same value as the fraction but in decimal notation.

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