Question: calculate the forecast for 2021 using exponential smoothing and a smoothing factor of .84. Start with 2021. actual 2016 55,000 2017 67,500 2018 73,000 2019

calculate the forecast for 2021 using exponential smoothing and a smoothing factor of .84. Start with 2021.

actual

2016 55,000

2017 67,500

2018 73,000

2019 80,000

2020 64,000

2021 ?

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