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The Forecast Value for September Was 21 α\alpha = 030, the Forecast Value for October Would Be ______

Question 50

Multiple Choice

The forecast value for September was 21.1 and the actual value turned out to be 18.Using exponential smoothing with α\alpha = 0.30, the forecast value for October would be ______.


A) 18.09
B) 18.93
C) 20.17
D) 21.00
E) 17.07

Correct Answer:

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