Question: The table below shows the inventory - sales ratio for manufacturing and trade for a region over a period of 8 years. Use the method

The table below shows the inventory-sales ratio for manufacturing and trade for a region over a
period of 8 years. Use the method of simple exponential smoothing to obtain forecasts of the
inventory-sales ratio over the next 4 years. Use a smoothing constant of =0.6. Graph the
observed time series and forecasts.
Complete the table below.
The table below shows the inventory-sales ratio for manufacturing and trade

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