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The Forecast Value for August Was 22 and the Actual α\alpha

Question 41

Multiple Choice

The forecast value for August was 22 and the actual value turned out to be 19.Using exponential smoothing with α\alpha = 0.30, the forecast value for September would be ______.


A) 21.1
B) 19.9
C) 18.1
D) 22.9
E) 21.0

Correct Answer:

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