The following series of 10 observations of sales of a company are given as followed, 390, 390,
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Question:
The following series of 10 observations of sales of a company are given as followed, 390, 390, 320, 370, 340, 330, 340, 390, 310, and 350 (All figures in Rupees Lakhs).
Given initial forecast is 350 Lakhs. Compute the difference between smoothening coefficient α=0.5 and α=0.1.
Related Book For
Fundamental financial accounting concepts
ISBN: 978-0078025365
8th edition
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward
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