Question: A time series is shown below. Perform single exponential smoothing for this data set using = 0.2 Period Y 1 28 2 32 3 31

A time series is shown below. Perform single exponential smoothing for this data set using = 0.2

Period Y

1 28

2 32

3 31

4 35

5 36

6 40

What is the value of the forecast for period 6?

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