Question: Consider an annual time series with 20 consecutive values. If the smoothed level for the most recent value is 50.8 and the corresponding trend level
Consider an annual time series with 20 consecutive values. If the smoothed level for the most recent value is 50.8 and the corresponding trend level is 7.2:
a. What is your forecast for the coming year?
b. What is your forecast five years from now?
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