Question: * * ) Develop two exponential smoothing forecasts for periods 2 through 1 1 . For the first forecast, use 0 . 2 . For

**) Develop two exponential smoothing forecasts for periods 2 through 11. For the first forecast, use 0.2. For the second, use 0.7. Assume that your forecast for period 1 was 250. Plot the results. Which model appears to work better? Why?

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