Question: Below you are given the first two values of a time series. Time Period (t) Time Series Value (Y t) 1 8 2 14 3

Below you are given the first two values of a time series.

Time Period (t) Time Series Value (Y t)
1 8
2 14
3 13

If the smoothing constant equals 0.4, then the exponential smoothing forecast for time period four is

Round your calculations to two decimal places

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