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The Forecast Value for September Was 10 α\alpha = 020, the Forecast Value for October Would Be ___

Question 20

Multiple Choice

The forecast value for September was 10.6 and the actual value turned out to be 7.Using exponential smoothing with α\alpha = 0.20, the forecast value for October would be ___.


A) 10.10
B) 9.88
C) 12.00
D) 10.6
E) 8.88

Correct Answer:

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