Question: Use exponential smoothing with alpha =0.3 and the data below to forecast the sales value for the next time period (time period 7). To initialize

Use exponential smoothing with alpha =0.3 and the data below to

Use exponential smoothing with alpha =0.3 and the data below to forecast the sales value for the next time period (time period 7). To initialize the forecasting process, use a naive forecast for time period 2 (i.e. forecast for time period 2 = sales for time period 1 )

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