Multiple Choice
What is the forecast for this year using trend adjusted (double) smoothing with alpha = 0.3 and beta = 0.2, if the forecast for last year was 310, the forecast for two years ago was 430, and the trend estimate for last year's forecast was -150?
A) 162.4
B) 180.3
C) 301.4
D) 403.2
E) 510.0
Correct Answer:
Verified
Correct Answer:
Verified
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