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The Forecast Value for July Was 210 and the Actual

Question 1

Multiple Choice

The forecast value for July was 210 and the actual value turned out to be 195.The researcher is using exponential smoothing and determines that the forecast value for August is 206.25.Then he is using α = ______.


A) 0.35
B) 0.32
C) 0.30
D) 0.25
E) 0.22

Correct Answer:

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