Question: am i supposed to use both values 0.8 & 0.5 1. Exponential smoothing is used to forecast automobile battery sales. Two value of a are
am i supposed to use both values 0.8 & 0.5
1. Exponential smoothing is used to forecast automobile battery sales. Two value of a are examined, =0.8 and =0.5. Evaluate the accuracy of each smoothing constant. Which is preferable? (Assume the forecast for January was 22 batteries.) Actual sales are given below
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