Question: Exponential Smoothing With the following information, identify which alpha value would you use to forecast july-dic using exponential smoothing and why? Choose between 0.1, 0.5

Exponential Smoothing

With the following information, identify which alpha value would you use to forecast july-dic using exponential smoothing and why? Choose between 0.1, 0.5 or 0.8

Month

June

Actual

16

July

12

August

16

Sept.

15

Oct.

11

Nov.

19

Dec.

21

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