Question: Suppose you are using the single exponential smoothing forecasting technique with alpha = 0 . 7 to generate forecasts. Assume that the forecast for

Suppose you are using the single exponential smoothing forecasting technique with
\alpha
=
0.7
to generate forecasts. Assume that the forecast for month 1 is 2000.
What would be your forecast for month 4? If your answer is not an integer, provide at least three decimal places, e.g.,7.500.

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