For the following data values calculate the forecast for period 3 using an alpha value of 0.1 ...
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For the following data values calculate the forecast for period 3 using an alpha value of 0.1.
Period Actual Forecast
1 200 330
2 340
3
8 years ago
F(t) = F(t – 1) + α[A(t – 1) – F(t – 1)] ...
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