Question: Given the time series in Exercise 18.61, and using exponential smoothing with Î± = 0.8, what would have been the forecast for 2003? In exercise

Given the time series in Exercise 18.61, and using exponential smoothing with Î± = 0.8, what would have been the forecast for 2003?
In exercise

SUBWAY SUBWAY Year Restaurants Y Restaurants 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 596 991 1810 2888 4071 5144 6187 7327 8450 9893 11,420 12,516 13,066 13,600 14,162 14,662 15,762 17,482 1999 2000 2001 2002

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