Question: ( b ) Use the following data to answer the questions below Use exponential smoothing to forecast Feb and March with a smbothing constant of

(b) Use the following data to answer the questions below
Use exponential smoothing to forecast Feb and March with a smbothing constant
of 0.2.
[10 marks](b) Use the following data to answer the questions below
Month
Actual
Jan
1,325
Feb
1,353
March
1,305
Forecasted
1,370
?1341
?
Use exponential smoothing to forecast Feb and March with a smoothing constant of 0.2.
[10 marks]
10
 (b) Use the following data to answer the questions below Use

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