Question: Use Excel's Data Analysis Exponential Smoothing tool to forecast each of the stock prices using simple exponential smoothing with a smoothing constant of 0.3. Data:

Use Excel's Data Analysis Exponential Smoothing tool to forecast each of the stock prices using simple exponential smoothing with a smoothing constant of 0.3.

Data:

Date

A

B

C

D

Stock Exchange

09/03/2010

126.42

18.29

21.06

15.42

10,460.37

09/07/2010

125.42

18.22

20.39

15.39

10,305.36

09/08/2010

125.02

17.81

20.83

15.55

10,345.72

09/09/2010

125.53

18.13

20.48

15.93

10,468.35

09/10/2010

128.88

17.85

20.65

16.11

10,498.93

09/13/2010

128.48

18.74

21.33

16.16

10,636.98

09/14/2010

128.33

18.55

21.53

16.27

10,555.33

09/15/2010

130.44

18.58

21.56

16.35

10,667.35

09/16/2010

129.91

18.98

21.73

16.37

10,601.04

09/17/2010

129.36

18.69

21.99

16.32

10,572.82

09/20/2010

132.34

18.94

21.54

16.49

10,669.03

09/21/2010

133.04

19.24

21.79

16.41

10,824.91

Complete the exponential smoothing forecast model for stock A.

(Type integers or decimals rounded to two decimal places as needed.)

Date

Forecast A

09/03/2010

09/07/2010

09/08/2010

09/09/2010

09/10/2010

09/13/2010

09/14/2010

09/15/2010

09/16/2010

09/17/2010

09/20/2010

09/21/2010

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