Question: Developaforecastforyears2through 12 using exponential smoothing with a=.4 and a fore-castforyear1of6.Plotyournewforecastonagraphwiththeactual data and the naive forecast. Based on a visual inspection, which forecast is better?
"Developaforecastforyears2through 12 using exponential smoothing with a=.4 and a fore-castforyear1of6.Plotyournewforecastonagraphwiththeactual data and the naive forecast. Based on a visual inspection, which forecast is better?"
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