Question: Please use excel and show formulas used as well as results 4. The main content constant chosen in simple exponential smoothing determines the weight to

Please use excel and show formulas used as well as results

Please use excel and show formulas used as well

4. The main content constant chosen in simple exponential smoothing determines the weight to be placed on different terms of time-series data. If the smoothing factor is high rather than low, is more or less weight placed on recent observations? If a is.3, what weight is applied to the observation four periods ago

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