Question: If you made a forecast for Week 5 using the exponential smoothing forecasting approach, employing a smoothing constant of = 0 . 2 5 ,

If you made a forecast for Week 5 using the exponential smoothing forecasting approach, employing a smoothing constant of =0.25, how much would your forecast be different from the actual income?WeekIncome15002550370046205600Group of answer choicesApproximately 23.9Approximately 25.5Approximately 40.7Approximately 37.4Approximately 60.2

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