Question: create a simple exponential smoothing forecasting model to answer questions on the final exam. Assume alpha = 0 . 2 Thousands of Thousands of Sales

create a simple exponential smoothing
forecasting model to answer questions on the final exam. Assume alpha=0.2
Thousands of Thousands of
Sales ($1000) Radio&TV ads Newspaper ads
$1,119.00040
$973.00040
$875.002525
$625.002525
$910.003030
$971.003030
$931.003535
$1,177.003535
$882.004025
$982.004025
$1,628.004545
$1,577.004545
$1,044.005050
$914.005050
$1,329.005520
$1,330.005520
$1,405.006030
$1,436.006030
$1,521.006535
$1,741.006535
$1,866.007040
$1,717.007040

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