Question: Forecasts will be made using the most recent values known. There will be no forecast for the first month. The forecast value for month 2

Forecasts will be made using the most recent values known. There will be no forecast for the first month. The forecast value for month 2 will be the observed value from month 1, so the forecast value for month 2 is
. The forecast value for month 3 will be the observed value from month 2, so the forecast value for month 3 is
. This pattern will continue for the rest of the months.

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