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    Exam 17: Time Series Forecasting and Index Numbers
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    Consider the Following Data
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Consider the Following Data

Question 147

Question 147

Short Answer

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 = .2. Calculate S5 using simple exponential smoothing if S3 = 19.064 and α = .2.

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S5 = 19.48
S4 = (.2)(2...

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