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    Statistics
  3. Study Set
    Business Analytics Data Study Set 2
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    Exam 12: Time Series Analysis and Forecasting
  5. Question
    Suppose That Simple Exponential Smoothing with Is Used to Forecast
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Suppose That Simple Exponential Smoothing with Is Used to Forecast

Question 3

Question 3

Essay

Suppose that simple exponential smoothing with Suppose that simple exponential smoothing with   is used to forecast monthly Pepsi sales at a small grocery store. After March's demand is observed, the forecasted demand for April is 5000 cans of Pepsi. -At the beginning of April, what is the forecast of June's Pepsi sales? is used to forecast monthly Pepsi sales at a small grocery store. After March's demand is observed, the forecasted demand for April is 5000 cans of Pepsi.
-At the beginning of April, what is the forecast of June's Pepsi sales?

Correct Answer:

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