Question: Create a spreadsheet t o forecast the unemployment rate using a n Exponential Smoothing with alpha = 0 . 3 , i . e .

Create a spreadsheet to forecast the unemployment rate using an Exponential Smoothing with alpha=0.3,i.e.,ES(0.3). Match the forecasted results to the corresponding Year-Month periods.
Hint: Damping factor in Excel equals to1-alpha.

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