Question: Use exponential smoothing with alpha = 0.2 to determine the forecast for the next 1,2,3, and 4th years then use the least squares method and

Use exponential smoothing with alpha = 0.2 to determine the forecast for the next 1,2,3, and 4th years then use the least squares method and find the forecast for years 1, 2, 3 and 4.

Year 1

Year 2

Year 3

Year 4

12,000

18,000

34,000

50,000

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