Question: Could somone pelase explain to me how to work the formula for an exponential smoothing forecast for June on #3? My professor tried to explain

Could somone pelase explain to me how to work the formula for an exponential smoothing forecast for June on #3? My professor tried to explain it but I am still very confused on what I should be plugging in where. I still have a couple more of these to do so any help would be appreciated! I also attached a picture of thr formula he wants us to use! Could somone pelase explain to me how to work the

AutoSave On 8 HW #2 - Search File Home Insert Draw Page Layout Formulas Data Review View Help X Calibri 11 AA == ab General Paste BIU $ % 58-68 Conditional Form Formatting Tabl Styles Clipboard 15 Font 15 Alignment 15 Number E33 > H C D E F G 25 Question 3 26 Using simple exponential smoothing and an Alpha of 0.8, what is the forecast for June 27 Period Actual Forecsat 28 Jan 1300 120 29 Feb 1320 135 30 Mar 1340 160 31 Apr 1360 1300 32 May 1380 1403 33 June 34 35 36 Question 4 37 Using simple exponential smoothing and an Alpha of 0.3, what is the forecast for June 38 Period Actual Forecsat 39 Jan 1300 1290 40 Feb 1320 1324 41 Mar 1340 1600 A Sheet1 42 1 co 100 Ready Type here to search O e E hip A alpha Feata (A2-F)

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