Question: Please show how to solve in excel with formulas shown Consider the following time series data. Suppose that you use exponential smoothing with an alpha

Please show how to solve in excel with formulas

Please show how to solve in excel with formulas shown

Consider the following time series data. Suppose that you use exponential smoothing with an alpha of 0.7 to fit a forecasting model. The forecast for period 7 is: Period Forecast Actual value Period 10 10 1 Period 10 2 11 Period 10.7 3 9 Period 9.51 4 12 Period 11.253 13 5 Period 12.476 11 6 YOU MUST SHOW YOUR WORK TO RECEIVE FULL CREDIT. O 12 O 12.476 09.443 O 10.443 O 11.443

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