Question: If you made a forecast for Week 7 using the exponential smoothing forecasting approach, employing a smoothing constant of a = 0.20, how much would

 If you made a forecast for Week 7 using the exponential

If you made a forecast for Week 7 using the exponential smoothing forecasting approach, employing a smoothing constant of a = 0.20, how much would your forecast be different from the actual jobless claims? Week income 1 980 2 1040 3 1100 14 1020 S 860 16 960 7 1080 18 1360 19 1380 10 1100 Approximately 23.9 Approximately 65.4 Approximately 43.2 Approximately 397

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